What Are the Transmission Channels in a Financial Crisis?.

Format:

Video

Series:

Academic Video Online

Language:

English

Subjects (All):

Financial crises.

International finance.

Physical Description:

1 online resource (12 minutes)

Place of Publication:

[Place of publication not identified] : Latest Thinking, [date of publication not identified]

System Details:

video file

Summary:

In the 2008 financial crisis, problems originating in the U.S. banking sector had effects not only on other parts of the U.S. economy but also internationally. In this video, JÖRG ROCHOLL sets out to identify the transmission channels through which such problems spread. Focusing, in the first instance, on how the 2008 crisis affected German banks, Rocholl observes that German corporate and retail customers saw their borrowing opportunities curtailed in cases where their bank was heavily invested in US markets. Highlighting several other transmission channels which allow financial difficulties to spread, Rocholl presents important recommendations on how the widespread effects of such shocks can be limited in the future.

Notes:

Title from resource description page (viewed August 24, 2020).

Part of the metadata in this record was created by AI.