Please use this identifier to cite or link to this item: https://repositorio.ucb.br:9443/jspui/handle/123456789/7423
Type: Artigo
Title: Measures of interbank market structure: an application to Brazil
Authors: Eui Jung, Chang
Lima, Eduardo José Araújo
Guerra, Solange Maria
Tabak, Benjamin Miranda
Abstract: Many authors emphasize the importance of market structure in the definition of financial fragility; however, a study estimating the degree of completeness and heterogeneity of specific markets is still missing. In this paper, we address this issue. The paper contributes to the contagion literature by proposing measures of completeness and concentration degrees or heterogeneity amongst financial markets. Besides the essentially methodological contribution, we present some empirical results for the Brazilian interbank market.
Keywords: Systemic Risk
Financial Contagion
Incomplete Markets
Banking Interconnections
Interbank Market
Access Type: Acesso Aberto
URI: http://twingo.ucb.br:8080/jspui/handle/10869/288
https://repositorio.ucb.br:9443/jspui/handle/123456789/7423
Document date: Nov-2008
Appears in Collections:PPG - Revistas e Artigos Científicos

Files in This Item:
File Description SizeFormat 
Measures of Interbank market structure_an application to Brazil.pdf222.11 kBAdobe PDFView/Open


This item is licensed under a Creative Commons License Creative Commons