How Long to Read Crisis Transmission in the Global Banking Network

How Long Does it Take to Read Crisis Transmission in the Global Banking Network?

It takes the average reader and 39 minutes to read Crisis Transmission in the Global Banking Network by Galina Hale

Assuming a reading speed of 250 words per minute. Learn more

Description

We study the transmission of financial sector shocks across borders through international bank connections. For this purpose, we use data on long-term interbank loans among more than 6,000 banks during 1997-2012 to construct a yearly global network of interbank exposures. We estimate the effect of direct (first-degree) and indirect (second-degree) exposures to countries experiencing systemic banking crises on bank profitability and loan supply. We find that direct exposures to crisis countries squeeze banks' profit margins, thereby reducing their returns. Indirect exposures to crisis countries enhance this effect, while indirect exposures to non-crisis countries mitigate it. Furthermore, crisis exposures have real effects in that they reduce banks' supply of domestic and cross-border loans. Our results, based on a large global sample, support the notion that interconnected financial systems facilitate shock transmission.

How long is Crisis Transmission in the Global Banking Network?

Crisis Transmission in the Global Banking Network by Galina Hale is 38 pages long, and a total of 9,804 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Crisis Transmission in the Global Banking Network Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 53 minutes to read Crisis Transmission in the Global Banking Network aloud.

What Reading Level is Crisis Transmission in the Global Banking Network?

Crisis Transmission in the Global Banking Network is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Crisis Transmission in the Global Banking Network?

Crisis Transmission in the Global Banking Network by Galina Hale is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Crisis Transmission in the Global Banking Network by Galina Hale on Amazon click the button below.