Financial fragility
id:
financial-fragility-312-11361241
title:
Financial fragility
text:
Financial fragility is the vulnerability of a financial system to a financial crisis. Franklin Allen and Douglas Gale define financial fragility as the degree to which "...small shocks have disproportionately large effects." Roger Lagunoff and Stacey Schreft write, "In macroeconomics, the term "financial fragility" is used...to refer to a financial system's susceptibility to large-scale financial crises caused by small, routine economic shocks."
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Financial_fragility
date created:
date modified:
2024-01-01T04:38:48Z
main entity:
{"identifier":"Q5449713","url":"https://www.wikidata.org/entity/Q5449713"}
image:
fields total:
13
integrity:
13