Add to ORKGModern banking systems are highly interconnected. Despite their various bene\u85ts, the linkages that exist between banks carry the risk of contagion. In this paper we investigate how banks decide on direct balance sheet linkages and the implications for contagion risk. We show that when banks are connected in an incomplete network, the degree of interdependence that is created is likely to be sub-optimal. Complete networks ensure that banks always set the interbank linkages at a level that minimizes contagion risk
We explore the role of interbank network structure and premature liquidation costs for the likelihoo...
In spite of the growing theoretical literature on cascades of failures in interbank lending networks...
This study considers the direct interconnectedness as the only source of interbank systemic risk and...
Modern banking systems are highly interconnected. Despite their various benefits, the linkages that ...
First version Modern banking systems are highly interconnected. Despite their various bene\u85ts, th...
We consider a model of contagion in financial networks recently introduced in [1], and we characteri...
Modern financial systems exhibit a high degree of interdependence, with connections between financia...
In this paper, we aim at establishing some clear guidelines on which configuration of the interbank ...
We consider a model of contagion in financial networks recently introduced in the literature, and we...
In the wake of the financial crisis it has become clear that there is a need for macroprudential ove...
I develop a model of financial networks where linkages not only spread contagion, but also induce pr...
This paper takes a financial network, applies a shock to the system and looks at the resulting insti...
Increasing numbers of inter-bank lending relationships have an ambiguous effect on financial stabili...
The banking system is highly interconnected and these connections can be conveniently represented as...
We model a stylized banking system where banks are characterized by the amount of capital, cash rese...
We explore the role of interbank network structure and premature liquidation costs for the likelihoo...
In spite of the growing theoretical literature on cascades of failures in interbank lending networks...
This study considers the direct interconnectedness as the only source of interbank systemic risk and...
Modern banking systems are highly interconnected. Despite their various benefits, the linkages that ...
First version Modern banking systems are highly interconnected. Despite their various bene\u85ts, th...
We consider a model of contagion in financial networks recently introduced in [1], and we characteri...
Modern financial systems exhibit a high degree of interdependence, with connections between financia...
In this paper, we aim at establishing some clear guidelines on which configuration of the interbank ...
We consider a model of contagion in financial networks recently introduced in the literature, and we...
In the wake of the financial crisis it has become clear that there is a need for macroprudential ove...
I develop a model of financial networks where linkages not only spread contagion, but also induce pr...
This paper takes a financial network, applies a shock to the system and looks at the resulting insti...
Increasing numbers of inter-bank lending relationships have an ambiguous effect on financial stabili...
The banking system is highly interconnected and these connections can be conveniently represented as...
We model a stylized banking system where banks are characterized by the amount of capital, cash rese...
We explore the role of interbank network structure and premature liquidation costs for the likelihoo...
In spite of the growing theoretical literature on cascades of failures in interbank lending networks...
This study considers the direct interconnectedness as the only source of interbank systemic risk and...