Financial Linkages across Korean Banks
AbstractThis 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.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 11/201.
Date of creation: 01 Aug 2011
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-09-22 (All new papers)
- NEP-BAN-2011-09-22 (Banking)
- NEP-RMG-2011-09-22 (Risk Management)
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