Sovereign Default Risk and Bank Fragility in Financially Integrated Economies
收藏NBER2011-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16899
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We analyze contagious sovereign debt crises in financially integrated economies. Under financial integration banks optimally diversify their holdings of sovereign debt in an effort to minimize the costs with respect to an individual country's sovereign debt default. While diversification generates
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美国国家经济研究局创建时间：
2011-03-01
