OECD Journal: Financial Market Trends

Frequency :
Semiannual
ISSN :
1995-2872 (online)
ISSN :
1995-2864 (print)
DOI :
10.1787/19952872
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The twice-yearly journal from OECD providing timely analyses and statistics on financial matters of topical interest and longer-term developments in specific financial sectors. Each issue provides a brief update of trends and prospects in the international and major domestic financial markets along with articles covering such topics as structural and regulatory developments in OECD financial systems, trends in foreign direct investment, trends in privatization, and financial sector statistics covering areas such as bank profitability, insurance, and institutional investors.

Periodically, a small number of articles within one field of financial sector developments – constituting the so-called special focus for the particular issue – may be included.

Now published as part of the OECD Journal package.

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

 
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Author(s):
Francesca Campolongo, Massimo Marchesi, Riccardo De Lisa
Publication Date
23 Mar 2012
Pages
23
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.