Evolution of the Global Financial Network and Contagion: A New Approach - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Evolution of the Global Financial Network and Contagion: A New Approach write by Ms.Yevgeniya Korniyenko. This book was released on 2018-05-15. Evolution of the Global Financial Network and Contagion: A New Approach available in PDF, EPUB and Kindle. This paper studies the interconnectedness of the global financial system and its susceptibility to shocks. A novel multilayer network framework is applied to link debt and equity exposures across countries. Use of this approach—that examines simultaneously multiple channels of transmission and their important higher order effects—shows that ignoring the heterogeneity of financial exposures, and simply aggregating all claims, as often done in other studies, can underestimate the extent and effects of financial contagion.The structure of the global financial network has changed since the global financial crisis, impacted by European bank’s deleveraging and higher corporate debt issuance. Still, we find that the structure of the system and contagion remain similar in that network is highly susceptible to shocks from central countries and those with large financial systems (e.g., the USA and the UK). While, individual European countries (excluding the UK) have relatively low impact on shock propagation, the network is highly susceptible to the shocks from the entire euro area. Another important development is the rising role of the Asian countries and the noticeable increase in network susceptibility to shocks from China and Hong Kong SAR economies.
Evolution of the Global Financial Network and Contagion
Evolution of the Global Financial Network and Contagion - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Evolution of the Global Financial Network and Contagion write by . This book was released on 2018. Evolution of the Global Financial Network and Contagion available in PDF, EPUB and Kindle.
Evolution of the Global Financial Network and Contagion: A New Approach
Evolution of the Global Financial Network and Contagion: A New Approach - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Evolution of the Global Financial Network and Contagion: A New Approach write by Ms.Yevgeniya Korniyenko. This book was released on 2018-05-15. Evolution of the Global Financial Network and Contagion: A New Approach available in PDF, EPUB and Kindle. This paper studies the interconnectedness of the global financial system and its susceptibility to shocks. A novel multilayer network framework is applied to link debt and equity exposures across countries. Use of this approach—that examines simultaneously multiple channels of transmission and their important higher order effects—shows that ignoring the heterogeneity of financial exposures, and simply aggregating all claims, as often done in other studies, can underestimate the extent and effects of financial contagion.The structure of the global financial network has changed since the global financial crisis, impacted by European bank’s deleveraging and higher corporate debt issuance. Still, we find that the structure of the system and contagion remain similar in that network is highly susceptible to shocks from central countries and those with large financial systems (e.g., the USA and the UK). While, individual European countries (excluding the UK) have relatively low impact on shock propagation, the network is highly susceptible to the shocks from the entire euro area. Another important development is the rising role of the Asian countries and the noticeable increase in network susceptibility to shocks from China and Hong Kong SAR economies.
Global Financial Contagion
Global Financial Contagion - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Global Financial Contagion write by Shalendra D. Sharma. This book was released on 2014. Global Financial Contagion available in PDF, EPUB and Kindle. This book is an authoritative account of the economic and political roots of the 2008 financial crisis. It examines why it was triggered in the United States, why it morphed into the Great Recession, and why the contagion spread with such ferocity around the globe. It also examines how and why economies - including the Eurozone, Russia, China, India, East Asia, and the Middle East - have been impacted and explores their response to the unprecedented challenges of the crisis and the effectiveness of their policy measures. Global Financial Contagion specifically looks at how the Obama administration's policy missteps have contributed to America's huge debt and slow recovery, why the Eurozone's response to its existential crisis has become a never-ending saga, and why the G-20's efforts to create a new international financial architecture may fall short. This book will long be regarded as the standard account of the crisis and its aftermath.
Interconnectedness and Contagion Analysis: A Practical Framework
Interconnectedness and Contagion Analysis: A Practical Framework - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Interconnectedness and Contagion Analysis: A Practical Framework write by Mrs.Jana Bricco. This book was released on 2019-10-11. Interconnectedness and Contagion Analysis: A Practical Framework available in PDF, EPUB and Kindle. The analysis of interconnectedness and contagion is an important part of the financial stability and risk assessment of a country’s financial system. This paper offers detailed and practical guidance on how to conduct a comprehensive analysis of interconnectedness and contagion for a country’s financial system under various circumstances. We survey current approaches at the IMF for analyzing interconnectedness within the interbank, cross-sector and cross-border dimensions through an overview and examples of the data and methodologies used in the Financial Sector Assessment Program. Finally, this paper offers practical advice on how to interpret results and discusses potential financial stability policy recommendations that can be drawn from this type of in-depth analysis.
