دانلود مقاله ISI انگلیسی شماره 51518
ترجمه فارسی عنوان مقاله

بحران های بانکی و که یکپارچگی مالی: دیدگاه هایی از علم شبکه های

عنوان انگلیسی
Banking crises and financial integration: Insights from networks science ☆
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
51518 2015 20 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Journal of International Financial Markets, Institutions and Money, Volume 34, January 2015, Pages 127–146

ترجمه کلمات کلیدی
بحران های بانکی؛ بحران مالی؛ جریان سرمایه؛ بانکداری بین المللی؛ شبکه های مالی
کلمات کلیدی انگلیسی
E44; F34; F36; G01; G21Banking crises; Financial crises; Capital flows; International Banking; Financial Networks
پیش نمایش مقاله
پیش نمایش مقاله  بحران های بانکی و که یکپارچگی مالی: دیدگاه هایی از علم شبکه های

چکیده انگلیسی

This paper explores whether the level of de facto financial integration of banks in a country increases the incidence of systemic banking crises. The paper computes a measure of financial integration based on network statistics of banks participating in the global market of inter-bank syndicated loans. The network statistics used are indegree, outdegree, betweenness, clustering coefficients, authority, and hub centrality. The paper fits a count data model in the cross-section for the period 1980–2007, and finds that the level of financial integration of the average bank in a country is a robust determinant of the incidence of banking crises. While borrowing (weighted indegree) is positively associated with a higher incidence of crises, betweenness is associated with a lower incidence. That is, the more important is the average bank of a country to the global bank network, as captured by betweenness, the smaller the number of crises the country experiences.