THE INFLUENCE OF THE CENTRAL BANK IN THE SPREAD OF «CONTAGION EFFECT» ON THE INTERBANK MARKET
Abstract
The paper studies the degree of development and the theoretical foundations of international experience in the exploration of two independent directions: the first one related to the concept, the question of the role and necessity of lender of last resort, while the latter, in turn, is connected with the problem of the spread of bankruptcies in the banking system, known in literature as the «contagion effect».
About the Author
V. E. Gladkova
Institute of Public Administration, Law and Innovative Technologies
Russian Federation
Candidate of Economic Sciences, Assistant Professor
Russian Federation
Candidate of Economic Sciences, Assistant Professor
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Review
For citations:
Gladkova V.E. THE INFLUENCE OF THE CENTRAL BANK IN THE SPREAD OF «CONTAGION EFFECT» ON THE INTERBANK MARKET. MIR (Modernization. Innovation. Research). 2013;4(1(13)):86-91. (In Russ.)
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