dc.contributor |
Universitat Rovira i Virgili. Departament d'Economia |
dc.contributor.author |
Aslanidis, Nektarios |
dc.contributor.author |
Savva, Christos S. |
dc.date.accessioned |
2011-05-09T15:23:29Z |
dc.date.available |
2011-05-09T15:23:29Z |
dc.date.created |
2010 |
dc.date.issued |
2010 |
dc.identifier.issn |
1988 - 0812 |
dc.identifier.other |
T - 1458 - 2010 |
dc.identifier.uri |
http://hdl.handle.net/2072/148475 |
dc.format.extent |
10 |
dc.format.extent |
412532 bytes |
dc.format.mimetype |
application/pdf |
dc.language.iso |
eng |
dc.relation.ispartofseries |
Documents de treball del Departament d'Economia;2010-01 |
dc.rights |
Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i el departament i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús (http://creativecommons.org/licenses/by-nc-nd/2.5/es/) |
dc.subject.other |
Mercats financers |
dc.subject.other |
Models economètrics |
dc.subject.other |
Crisis financeres |
dc.subject.other |
Bancs |
dc.subject.other |
Institucions financeres |
dc.title |
Modelling Interbank Relations during the International Financial Crisis |
dc.type |
info:eu-repo/semantics/workingPaper |
dc.subject.udc |
336 - Finances. Banca. Moneda. Borsa |
dc.description.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.
JEL classifications: C51; G15
Keywords: Financial Crises; Contagion; Interbank Markets. |