TITLE  HOW DOES THE STRUCTURE OF FINANCIAL FLOWS AFFECT THE STABILITY OF THE BANKING SYSTEM? Cover Image

TITLE HOW DOES THE STRUCTURE OF FINANCIAL FLOWS AFFECT THE STABILITY OF THE BANKING SYSTEM?
TITLE HOW DOES THE STRUCTURE OF FINANCIAL FLOWS AFFECT THE STABILITY OF THE BANKING SYSTEM?

Author(s): Cristian Gulei Gradinaru
Subject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: banks; market; capital; banking regulations; risk; liquidity; solvency

Summary/Abstract: Rochet constructs a model of the payment flows that allows him to capture in a simple fashion the propagation of financial crises in an environment where both liquidity shocks and solvency shocks affect financial intermediaries that fund long-term investments with demand deposits. Forbes maintains that banking crises are a serious concern and can be extremely costly. Landier and Ueda examine cases in which restructuring can bring economic gains.

  • Issue Year: XXXIX/2011
  • Issue No: _
  • Page Range: 1-4
  • Page Count: 4
  • Language: English