Para garantizarle una navegación por nuestra web segura y de calidad, le informamos que utilizamos Cookies. Si está de acuerdo clique ACEPTAR. Puede bloquear o eliminar las cookies instaladas en su equipo mediante la configuración de las opciones del navegador. Para más información consulte nuestra Política de Cookies
Acepto
Instituto Valenciano de Investigaciones Económicas

Research Areas

Banking integration and financial crisis: Some recent developments
Banking integration and financial crisis: Some recent developments
Project start date: 2012
Year of publication: 2015
Funding institution: Fundación BBVA

This monograph analyzes some of the causes of the financial crisis which took place in Spain from 2007 to 2013, the deficiencies in the regulation of financial markets and their effect on the banking system. The different chapters analyze the expansion effect of the Spanish banking market as it increased its exposure to risk and lack of liquidity; the role played by securitization before and during the crisis in Spain; the changes in the banking market regulations (Basel III) and the regulatory failures in this sector. The study proposes new indicators for measuring the degree of integration of a country’s banking system and discusses the relationship between the degree of banking integration of an economy and the effects of the crisis on it. Finally, theoretical models are used to explain the causes of the contagion and systemic risk, and to study the effect and spread of a bank failure throughout the banking system.

RESEARCH TEAM

Universitat de València and Ivie
Universitat Jaume I and Ivie
Universidad de Granada, CUNEF and Ivie
Northeastern University
Matteo Chinazzi
Giorgio Fagiolo
Giorgio Fagiolo
Universität zu Kiel
Thomas Lux
Universitat de les Illes Balears
Alfredo Martín Oliver
European Central Bank
Mattia Montagna
Universidad de Granada and FUNCAS
Francisco Rodríguez Fernández
Julia Teschendorff Cooper