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|Title:||The Potential Impact of Banking Crises on Public Finances: An Assessment of Selected EU Countries Using SYMBOL|
|Authors:||CAMPOLONGO Francesca; MARCHESI Massimo; DE LISA Riccardo|
|Citation:||OECD Journal: Financial Market Trends vol. 2011 no. 2 p. 1-13|
|Type:||Articles in Journals|
|Abstract:||This paper presents an application of the SYMBOL model, recently developed by the European Commission, in assessing the potential impact of banks’ crisis on public finance in four EU Member States. Results show that two Member States have a relatively high probability of being in the situation where government finances have to cover losses generated in the banking system|
|JRC Institute:||Institute for the Protection and Security of the Citizen|
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