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Mark Spiegel is a vice president in the Economic Research Department of the Federal Reserve
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Word 2010 where Interconnectedness i,t is the interconnectedness of
bank i in month t as defined in (2) and N t is the number of connected banks as of month t. 17. 2.2. Measuring systemic risk. To analyze the link between loan portfolio interconnectedness and systemic risk, we use three
bank-level systemic risk measures proposed in the recent literature: (i) SRISK, (ii) DIP, and (iii) CoVaR.
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Government debt (also known as public interest, public debt, national debt and sovereign debt) contrasts to the annual government budget deficit, which is a flow variable that equals the difference between government receipts and spending in a single year. The debt is a stock variable, measured at a specific point in time, and it is the accumulation of all prior deficits. What Determines U.S. Swap Spreads? (World Bank Working Papers) txt download The
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