Transformation of theoretical models of bank default during the global financial crisis

Authors

  • Andrey Vitalevich Zubarev Institute of Applied Economic Re-search with the Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Keywords:

Bank default, theoretical models, financial crisis

Abstract

This paper is devoted to the analysis of the views on bank defaults using theoretical models that are characterized by the financial crisis of 2008-2009 and particularly by the development of banking technology. The author pays special attention to the issue of incorporation of the financial
sector into theoretical models. Asset sales at fire sale discounts by distressed banks and inability to meet their obligations to other financial institutions are considered in the paper.

Author Biography

Andrey Vitalevich Zubarev, Institute of Applied Economic Re-search with the Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Place of work, post: Institute of Applied Economic Re-search with the Russian Presidential Academy of National Economy and Public Administration (RANEPA) - researcher; Gaidar Institute for Economic Policy, post-graduate student

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Published

2024-02-08

How to Cite

Zubarev, A. V. (2024). Transformation of theoretical models of bank default during the global financial crisis. Russian Foreign Economic Journal, (10), 89–98. Retrieved from https://journal.vavt.ru/rfej/article/view/726

Issue

No. 10 (2013)

Section

Трибуна молодых ученых