From Wall Street to Main Street - A European Perspective
Journal
International Finance Review
ISSN
1569-3767
ISSN-Digital
1875-5437
Type
journal article
Date Issued
2009-01-26
Author(s)
Abstract
Starting in 2007 financial markets experienced a time of serious crisis that spread from the United States housing market and affected banks worldwide. In this article, we analyze the spreading of the crisis from Wall Street to Main Street in the specific context of the different European Markets and based on reactions of deposit holders. We show how elements of crisis affect Main Street and discuss the policy moderation of that transmission. This allows to collect evidence for the implication of the described moderation in an integrated financial market and the role of deposit insurances in financial turmoil.
Language
English
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
Emerald
Publisher place
Bingley [u.a.]
Volume
10
Number
-
Start page
479
End page
503
Pages
25
Subject(s)
Division(s)
Eprints ID
71529