a connu une longue crise, qui en bonne mesure s'entretient désormais d'elle-même : une croissance moyenne de 1% sur la …

a connu une longue crise, qui en bonne mesure s'entretient désormais d'elle-même : une croissance moyenne de 1% sur la …

' banks in the Peripheral countries' financial assets. In order to endogenize the possibility of contagion effects, we conduct … competitiveness seem to originate the exceptional increases in sovereign spreads of the Periphery, through a contagion effect which is …

financial sector and factors that explain why these strains lead to system-wide contagion and a possible credit crunch. Most of … that a financial crisis with its contagion within the system is caused by failures of legal, regulatory and political … crises would be reduced if appropriate institutions could be put in place Lacking appropriate institutions to avoid contagion …

financial sector and factors that explain why these strains lead to system-wide contagion and a possible credit crunch. Most of … that a financial crisis with its contagion within the system is caused by failures of legal, regulatory and political … crises would be reduced if appropriate institutions could be put in place Lacking appropriate institutions to avoid contagion …

contagion. …

distress and contagion are also confirmed by many recent empirical studies. By contrast, according to empirical analyses, the …

payment system designs. We assess the exposures and the contagion by a counterfactual analysis assuming that payments …