many open economies, each with a banking system and a central bank operating under a pegged exchange rate regime. The … fragility of the banking system and the limited ability of a domestic central bank to provide international liquidity together … can cause currency and banking crises. An international interbank market can help an economy with the needed international …

Organization for Economic Cooperation and Development and middle-income countries as a proxy for the fragility of their banking …

This paper defines a set of banking stability measures which take account of distress dependence among the banks in a … associated with a specific bank. Our approach defines the banking system as a portfolio of banks and infers the system …