A lifeline for the weakest link? Financial contagion and network design

In "A Lifeline for the Weakest Link? Financial Contagion and Network Design," Yaron Leitner describes how contagion can occur, explains why the threat of contagion is not necessarily a bad thing, and shows why some firms may choose to bail out other firms that are facing financial problems.

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Year of publication:	2002
Authors:	Leitner, Yaron
Published in:	Business Review. - Federal Reserve Bank of Philadelphia. - 2002, Q4, p. 18-24
Publisher:	Federal Reserve Bank of Philadelphia
Subject:	Contracts \| Financial crises

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004967348