Since 2014
Measures of Interbank Market Structure: An Application to Brazil
Brazilian Review of Econometrics
View Archive Info| Field | Value | |
| Title |
Measures of Interbank Market Structure: An Application to Brazil
Measures of Interbank Market Structure: An Application to Brazil |
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| Creator |
Chang, Eui Jung
Lima, Eduardo José Araújo Guerra, Solange M. Tabak, Benjamin M. |
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| Description |
Many authors emphasize the importance of market structure in the definition of financial fragility; however, a study estimating the degree of completeness and heterogeneity of specific markets is still missing. In this paper, we address this issue. The paper contributes to the contagion literature by proposing measures of completeness and concentration degrees or heterogeneity amongst financial markets. Besides the essentially methodological contribution, we present some empirical results for the Brazilian interbank market.
Many authors emphasize the importance of market structure in the definition of financial fragility; however, a study estimating the degree of completeness and heterogeneity of specific markets is still missing. In this paper, we address this issue. The paper contributes to the contagion literature by proposing measures of completeness and concentration degrees or heterogeneity amongst financial markets. Besides the essentially methodological contribution, we present some empirical results for the Brazilian interbank market. |
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| Publisher |
Sociedade Brasileira de Econometria
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| Date |
2008-11-01
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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| Format |
application/pdf
application/pdf |
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| Identifier |
http://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/1510
10.12660/bre.v28n22008.1510 |
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| Source |
Brazilian Review of Econometrics; Vol. 28 No. 2 (2008); 163-190
Brazilian Review of Econometrics; v. 28 n. 2 (2008); 163-190 1980-2447 |
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| Language |
eng
por |
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| Relation |
http://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/1510/928
http://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/1510/929 |
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