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| 01714nam 2200301za 4500 |
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| 001 | 9.842784 |
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| 003 | CaOODSP |
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| 005 | 20221107152410 |
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| 007 | cr ||||||||||| |
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| 008 | 170831s2017 oncd ob f000 0 eng d |
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| 040 | |aCaOODSP|beng |
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| 041 | |aeng|bfre |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-5/2017-29E-PDF |
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| 100 | 1 |aAhnert, Toni. |
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| 245 | 10|aInformation contagion and systemic risk |h[electronic resource] / |cby Toni Ahnert and Co-Pierre Georg. |
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| 260 | |a[Ottawa] : |bBank of Canada, |c2017. |
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| 300 | |aii, 30 p. |
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| 490 | 1 |aBank of Canada staff working paper, |x1701-9397 ; |v2017-29 |
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| 500 | |a"July 2017." |
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| 504 | |aIncludes bibliographical references. |
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| 520 | |a"We examine the effect of ex-post information contagion on the ex-ante level of systemic risk defined as the probability of joint bank default. Because of counterparty risk or common exposures, bad news about one bank reveals valuable information about another bank, triggering information contagion. When banks are subject to common exposures, information contagion induces small adjustments to bank portfolios and therefore increases overall systemic risk. When banks are subject to counterparty risk, by contrast, information contagion induces a large shift toward more prudential portfolios, thereby reducing systemic risk."--Abstract, p. ii. |
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| 546 | |aIncludes abstract in French. |
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| 692 | 07|2gccst|aFinancial institutions |
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| 700 | 1 |aJiang, Janet Hua. |
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| 710 | 2 |aBank of Canada. |
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| 830 | #0|aStaff working paper (Bank of Canada)|x1701-9397 ; |v2017-29|w(CaOODSP)9.806221 |
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| 856 | 40|qPDF|s815 KB|uhttps://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-5-2017-29-eng.pdf |
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