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The Sovereign-Bank Nexus in Emerging Markets in the Wake of the COVID-19 Pandemic

Author/Editor: Andrea Deghi, Salih Fendoglu, Tara Iyer, Hamid R Tabarraei, Yizhi Xu, Mustafa Yenice.

Release Date:November, 2022

The COVID-19 pandemic has brought the relationship between sovereigns and banks—the so-called sovereign-bank nexus—in emerging market economies to the fore as bank holdings of domestic sovereign debt more...



Price: $20.00
Sovereigns and Financial Intermediaries Spillovers

Author/Editor: Hamid R Tabarraei, Abdelaziz Rouabah, Olivier Pierrard.

Release Date:February, 2019

We examine the spillover effects between sovereigns and banks in a model with a heterogeneous banking system. An increase in sovereign’s default risk affects financial intermediaries through two more...



Price: $18.00
Business Cycle with Bank Intermediation in Oil Economies

Author/Editor: Hamid R Tabarraei, Hamed Ghiaie, Asghar Shahmoradi.

Release Date:October, 2018

The structural model in this paper proposes a micro-founded framework that incorporates an active banking sector with an oil-producing sector. The primary goal of adding a banking sector is to more...



Price: $18.00