Intertwined sovereign and bank solvencies in a model of self-fulfilling crisis /

Mostrar otras versiones (1)

Large fiscal financing needs, both in advanced and emerging market economies, have often been met by borrowing heavily from domestic banks. As public debt approached sustainability limits in a number of countries, however, high bank exposure to sovereign risk created a fragile inter-dependence betwe...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Adler, Gustavo, 1974- (Autor)
Autor Corporativo: International Monetary Fund. Western Hemisphere Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2012.
Colección:IMF working paper ; WP/12/178.
Temas:
Banks and banking > Econometric models.
Bank loans > Econometric models.
Financial crises > Econometric models.
Risk > Econometric models.
Debts, Public > Econometric models.
Prêts bancaires > Modèles économétriques.
Risque > Modèles économétriques.
Dettes publiques > Modèles économétriques.
BUSINESS & ECONOMICS > Finance.
Acceso en línea:Texto completo

MARC

LEADER 00000cam a2200000 a 4500
001 EBSCO_ocn800131332
003 OCoLC
005 20231017213018.0
006 m o d
007 cr cn|||||||||
008 120717s2012 dcu ob i000 0 eng d
040 |a DJB  |b eng  |e pn  |c DJB  |d DJB  |d CUS  |d MYG  |d E7B  |d OCLCA  |d OCLCF  |d EBLCP  |d OCLCQ  |d YDXCP  |d OCLCQ  |d N$T  |d OCLCQ  |d CUS  |d AZK  |d LOA  |d AGLDB  |d OCLCQ  |d MOR  |d CCO  |d PIFAG  |d ZCU  |d MERUC  |d OCLCQ  |d U3W  |d STF  |d WRM  |d VNS  |d OCLCA  |d OCLCQ  |d VTS  |d CEF  |d NRAMU  |d ICG  |d VT2  |d AU@  |d OCLCQ  |d WYU  |d TKN  |d DKC  |d OCLCQ  |d M8D  |d OCLCQ  |d BOL  |d UKCRE  |d AJS  |d OCLCQ  |d OCLCO  |d OCLCQ  |d VI#  |d QGK  |d S2H 
019 |a 802661996  |a 903698812  |a 961493117  |a 962627565  |a 965970485  |a 988477479  |a 991992282  |a 1037745909  |a 1038609531  |a 1045503185  |a 1055316586  |a 1058187521  |a 1077279705  |a 1081266214  |a 1107367141  |a 1114381424  |a 1152989588  |a 1202538799  |a 1228608978  |a 1259165516  |a 1289518132 
020 |a 1475558252  |q (electronic bk.) 
020 |a 9781475558258  |q (electronic bk.) 
020 |a 1475505264 
020 |a 9781475505269 
020 |a 1475548419 
020 |a 9781475548419 
020 |z 9781475505269 
020 |z 9781475548419 
020 |a 1475529392 
020 |a 9781475529395 
029 1 |a AU@  |b 000049644216 
029 1 |a AU@  |b 000053018352 
029 1 |a AU@  |b 000062518549 
029 1 |a CHNEW  |b 000693909 
029 1 |a CHNEW  |b 000693913 
029 1 |a DEBBG  |b BV041387324 
029 1 |a DEBBG  |b BV043786746 
029 1 |a DEBBG  |b BV044178328 
029 1 |a DEBSZ  |b 472758578 
029 1 |a NZ1  |b 15025006 
035 |a (OCoLC)800131332  |z (OCoLC)802661996  |z (OCoLC)903698812  |z (OCoLC)961493117  |z (OCoLC)962627565  |z (OCoLC)965970485  |z (OCoLC)988477479  |z (OCoLC)991992282  |z (OCoLC)1037745909  |z (OCoLC)1038609531  |z (OCoLC)1045503185  |z (OCoLC)1055316586  |z (OCoLC)1058187521  |z (OCoLC)1077279705  |z (OCoLC)1081266214  |z (OCoLC)1107367141  |z (OCoLC)1114381424  |z (OCoLC)1152989588  |z (OCoLC)1202538799  |z (OCoLC)1228608978  |z (OCoLC)1259165516  |z (OCoLC)1289518132 
050 4 |a HG3881.5.I58  |b W67 No. 12/178eb 
072 7 |a BUS  |x 027000  |2 bisacsh 
082 0 4 |a 332.152  |2 23 
049 |a UAMI 
100 1 |a Adler, Gustavo,  |d 1974-  |e author. 
245 1 0 |a Intertwined sovereign and bank solvencies in a model of self-fulfilling crisis /  |c prepared by Gustavo Adler. 
260 |a [Washington, D.C.] :  |b International Monetary Fund,  |c ©2012. 
300 |a 1 online resource (29 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
340 |g polychrome.  |2 rdacc  |0 http://rdaregistry.info/termList/RDAColourContent/1003 
347 |a text file  |2 rdaft 
490 1 |a IMF working paper ;  |v WP/12/178 
500 |a Title from PDF title page (IMF Web site, viewed July 17, 2012). 
520 3 |a Large fiscal financing needs, both in advanced and emerging market economies, have often been met by borrowing heavily from domestic banks. As public debt approached sustainability limits in a number of countries, however, high bank exposure to sovereign risk created a fragile inter-dependence between fiscal and bank solvency. This paper presents a simple model of twin (sovereign and banking) crisis that stresses how this interdependence creates conditions conducive to a self-fulfilling crisis. 
504 |a Includes bibliographical references. 
500 |a "Western Hemisphere Department." 
500 |a "July 2012." 
505 0 |a Cover; Contents; 1. Introduction; 2. Model; 2.1 Households; 2.2 Domestic Financial Intermediaries; 2.3 Firms; 2.4 Government; 2.5 A Competitive Equilibrium; 2.6 A Sustainable Debt Equilibrium; 2.7 A Self-Fulfilling Crisis; 3. Discussion; 3.1 Senior Debt Structure; 3.2 Capital Requirements; 3.3 Public Recapitalization; 4. Conclussions; Figures; 1. Equilibria at Time t; 2. Equilibria with Different Levels of Domestic Debt; 3. Probability of Crisis and Effect on Prices, Private Credit and Output; Appendix; References. 
546 |a English. 
590 |a eBooks on EBSCOhost  |b EBSCO eBook Subscription Academic Collection - Worldwide 
650 0 |a Banks and banking  |x Econometric models. 
650 0 |a Bank loans  |x Econometric models. 
650 0 |a Financial crises  |x Econometric models. 
650 0 |a Risk  |x Econometric models. 
650 0 |a Debts, Public  |x Econometric models. 
650 6 |a Prêts bancaires  |x Modèles économétriques. 
650 6 |a Risque  |x Modèles économétriques. 
650 6 |a Dettes publiques  |x Modèles économétriques. 
650 7 |a BUSINESS & ECONOMICS  |x Finance.  |2 bisacsh 
650 7 |a Bank loans  |x Econometric models.  |2 fast  |0 (OCoLC)fst00826709 
650 7 |a Banks and banking  |x Econometric models.  |2 fast  |0 (OCoLC)fst00826918 
650 7 |a Debts, Public  |x Econometric models.  |2 fast  |0 (OCoLC)fst00888859 
650 7 |a Financial crises  |x Econometric models.  |2 fast  |0 (OCoLC)fst00924608 
650 7 |a Risk  |x Econometric models.  |2 fast  |0 (OCoLC)fst01098121 
710 2 |a International Monetary Fund.  |b Western Hemisphere Department. 
776 |z 1-4755-5825-2 
776 |z 1-4755-0526-4 
830 0 |a IMF working paper ;  |v WP/12/178. 
856 4 0 |u https://ebsco.uam.elogim.com/login.aspx?direct=true&scope=site&db=nlebk&AN=568166  |z Texto completo 
938 |a EBL - Ebook Library  |b EBLB  |n EBL1606839 
938 |a ebrary  |b EBRY  |n ebr10627131 
938 |a EBSCOhost  |b EBSC  |n 568166 
938 |a YBP Library Services  |b YANK  |n 10691565 
938 |a YBP Library Services  |b YANK  |n 9927209 
994 |a 92  |b IZTAP 

Ejemplares similares