Kares, Alexei; Schoors, Koen; Lanine, Gleb - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2008
We suggest an additional transmission channel of contagion on the interbank market - the liquidity channel. Examining the Russian banking sector, we and that the liquidity channel contributes significantly to understanding and predicting interbank market crises. Interbank market stability...