OECD Journal: Financial Market Trends

Frequency
Annual
ISSN: 
1995-2872 (online)
ISSN: 
1995-2864 (print)
DOI: 
10.1787/19952872
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The articles in Financial Market Trends focus on trends, structural issues and developments in financial markets and the financial sector.

Article
 

The Potential Impact of Banking Crises on Public Finances

An Assessment of Selected EU Countries Using SYMBOL You do not have access to this content

English
 
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Author(s):
Francesca Campolongo, Massimo Marchesi, Riccardo De Lisa
23 Mar 2012
Pages:
12
Bibliographic information
No.:
23,
Volume:
2011,
Issue:
2
Pages:
73–84
DOI: 
10.1787/fmt-2011-5k9cswn0nhbr

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This paper presents an application of the SYMBOL model, which was recently developed by the European Commission. In this application, we assess the potential impact of a crisis in the banking sector on public finances in four EU Member States chosen as examples. Results show that two Member States have a relatively higher probability of being in a situation where government finances have to cover losses generated in the banking system.
 
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