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Publication Title

Financial Crises: Institutions and Markets in a Fragile Environment

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Chapter 6: A Theory of Systemic Fragility, pp. 138-152, in E.D. Altman and A.W. Sametz, Eds. Financial Crises: Institutions and Markets in a Fragile Environment. New York, NY: John Wiley and Sons, 1977.

Also included here is the original paper prepared for the "Conference on Financial Crises," Salomon Brothers Center for the Study of Financial Institutions, Graduate School of Business Admin., New York Univ., New York, NY, May 21, 1976.

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