Title Intertwined sovereign and bank solvencies in a model of self-fulfilling crisis / prepared by Gustavo Adler.

Publication Info.	[Washington, D.C.] : International Monetary Fund, [2012]
	©2012

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Description	1 online resource (29 pages).
Physical Medium	polychrome
Description	text file
Series	IMF working paper ; WP/12/178
	IMF working paper ; WP/12/178.
Note	Title from PDF title page (IMF Web site, viewed Jul. 17, 2012).
Summary	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.
Bibliography	Includes bibliographical references.
Note	"Western Hemisphere Department."
	"July 2012."
Local Note	eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject	Banks and banking -- Econometric models.
	Banks and banking -- Econometric models.
	Banks and banking.
	Bank loans -- Econometric models.
	Bank loans -- Econometric models.
	Bank loans.
	Financial crises -- Econometric models.
	Financial crises -- Econometric models.
	Financial crises.
	Risk -- Econometric models.
	Risk -- Econometric models.
	Risk.
	Debts, Public -- Econometric models.
	Debts, Public -- Econometric models.
	Debts, Public.
Genre/Form	Electronic books.
Added Author	International Monetary Fund. Western Hemisphere Department.
ISBN	1475558252 electronic book
	9781475558258 electronic book