Please use this identifier to cite or link to this item:
https://hdl.handle.net/20.500.14279/3413
Title: | Modeling interbank relations during the international financial crisis |
Authors: | Savva, Christos S. |
Major Field of Science: | Social Sciences |
Field Category: | Economics and Business |
Keywords: | Financial Crises;Contagion;Interbank Markets;Financial Crises;Contagion;Interbank Markets |
Issue Date: | 21-Mar-2011 |
Source: | Economics Bulletin, 2011, Vol. 31, no. 1, p.p. 916-924 |
Volume: | 31 |
Issue: | 1 |
Start page: | 916 |
End page: | 924 |
Link: | http://www.accessecon.com/Pubs/EB/2011/Volume31/EB-11-V31-I1-P87.pdf |
Journal: | Economics Bulletin |
Abstract: | This paper examines the effects of the current financial crisis on the correlations of four international banking stocks. We find that in the beginning of the crisis banks generally show a transition to a higher correlation followed by a dramatic decline towards the end of 2008. These findings are consistent with both traditional contagion theory and the more recent network theory of contagion. |
URI: | https://hdl.handle.net/20.500.14279/3413 |
ISSN: | 15452921 |
Rights: | © Christos S. Savva |
Type: | Article |
Affiliation : | Cyprus University of Technology |
Appears in Collections: | Άρθρα/Articles |
Files in This Item:
File | Description | Size | Format | |
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EB-11-V31-I1-P87.pdf | 372.7 kB | Adobe PDF | View/Open |
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