Financial Linkages Across Korean Banks
Electronic Access:
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Summary:
This paper assesses the interconnectedness across Korean banks using three alternative methodologies. Two methodologies utilize high frequency financial data while the third uses bank balance sheet data to assess banks' bilateral exposures, systemically vulnerable banks, and systemically risky banks. The analysis concludes that while Korean banks are interconnected, both the financial risk and contagion risk from such interconnectedness have declined significantly in the aftermath of the global financial crisis.
Series:
Working Paper No. 2011/201
Subject:
Asset and liability management Asset valuation Banking Capital adequacy requirements Commercial banks Credit Credit default swap Financial crises Financial institutions Global financial crisis of 2008-2009 Money
English
Publication Date:
August 1, 2011
ISBN/ISSN:
9781462303229/1018-5941
Stock No:
WPIEA2011201
Pages:
31
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