Journal Article

A lifeline for the weakest link? Financial contagion and network design


Abstract: In \\"A Lifeline for the Weakest Link? Financial Contagion and Network Design,\\" Yaron Leitner describes how contagion can occur, explains why the threat of contagion is not necessarily a bad thing, and shows why some firms may choose to bail out other firms that are facing financial problems.

Keywords: Contracts; Financial crises;

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Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Business Review

Publication Date: 2002

Issue: Q4

Pages: 18-24