The Potential Impact of Banking Crises on Public Finances: An Assessment of Selected EU Countries Using SYMBOL
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
CAMPOLONGO Francesca;
MARCHESI Massimo;
DE LISA Riccardo;
2011-12-20
OECD
JRC67179
1995-2805,
http://www.oecd.org/dataoecd/53/62/48989235.pdf,
https://publications.jrc.ec.europa.eu/repository/handle/JRC67179,
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