Alamsyah, Andry; Ramadhani, Dian Puteri; Kristanti, … - In: Economies : open access journal 10 (2022) 3, pp. 1-12
In 2008, the Lehman Brothers' bankruptcy, accumulated from the global financial crisis, proved a unique role of the highly interconnected financial entities. Shocks in a bank might trigger loss, induce spillovers, provoke a contagion shock spreading to other entities, trigger the whole banking...