Browsing by Author "Amaral, Andrea"
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- Contagion in banking crises: a spatial probit modePublication . Amaral, Andrea; Abreu, Margarida; Mendes, VictorWe use a spatial Probit model to study banking crises and show that the probability of a systemic banking crisis depends on contagion and that this effect may result from business connections between institutions or from similarities between banking systems.