Regional financial interlinkages and financial contagion within Europe /

This paper focuses on financial interlinkages within Europe and potential contagion channeled through these interlinkages. It discusses the increased role of external financing as a source of funding for credit growth; analyzes potential channels of contagion through financial linkages; and assesses...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Árvai, Zsófia (Autor), Driessen, Karl (Autor), Ötker, İnci (Autor)
Autor Corporativo: International Monetary Fund. Monetary and Capital Markets Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, ©2009.
Colección:IMF working paper ; WP/09/6.
Temas:
Financial crises > Europe.
Banks and banking > Europe.
Crises financières > Europe.
Banques > Europe.
Banks and banking
Financial crises
Internationale Kreditvergabe.
Ansteckungseffekt.
Spillover-Effekt.
Aufstrebende Märkte.
Europa.
Europe
Acceso en línea:Texto completo
Descripción
Sumario:This paper focuses on financial interlinkages within Europe and potential contagion channeled through these interlinkages. It discusses the increased role of external financing as a source of funding for credit growth; analyzes potential channels of contagion through financial linkages; and assesses the magnitude of cross-border exposures between emerging and western European countries. Based on the stylized facts on these exposures, the paper provides simple indices of exposure to regional contagion that could help identify the likely pressure points and capture potential spillover effects and propagation channels of a regional shock originating from a given country.
Notas:At head of title: Monetary and Capital Markets Department.
"January 2009."
Descripción Física:1 online resource (42 pages) : illustrations (some color)
Bibliografía:Includes bibliographical references (pages 30-31).

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