A Contagion through exposure to foreign banks during the global financial crisis.

This paper develops an empirical methodology to test the contagion effect at the country level using bilateral data on bank claims between countries.

Bibliographic Details
Format: Electronic Resource
Language:English
Published: Metro Manila, Philippines Asian Development Bank 2017.
Series:Economics working papers.
Subjects:
Online Access:https://www.adb.org/publications/foreign-banks-financial-contagion