Fiala, Tomas; Havranek, Tomas - William Davidson Institute, University of Michigan - 2014
- dependencies in downward risk in the banking sector of the Czech Republic, Hungary, Poland, and Slovakia during 1994-2013. In …Foreign-dominated banking sectors, such as those prevalent in Central and Eastern Europe, are susceptible to two major … sources of systemic risk: (i) linkages between local banks and (ii) linkages between a foreign mother bank and its local …