In this data set, the dynamic causality relation between Turkey Credit default swaps (CDS) and BRICS countries (Brasil, Russia, India, China, South Africa) and most important EU economies (Germany, Fr
In this paper I analyze several issues related to contagion,' including its definition, recent experiences, alternative channels at work, and possible prevention mechanisms. The discussion deals with
S5 Table. Contagion risk index and appendix b. for paper entitled “Several Explorations on How to Construct an Early Warning System for Local Government Debt Risk in China”.
Systemic risk is not only related to the contagious risk of interbank market risk exposure, but also to the credit risk exposure. At the same time, the dynamic characteristics of banking system also a