This paper studies the consequences of a variety of exogenous shocks to organisations in random financial networks and explores the possibility of bank failure following an exogenous shock. We extend the framework from Elliott et al. (2014) by examining different failure costs, exogenous shocks, performing calibration analysis using data from the Bank of International Settlements (BIS) December 2014 Quarterly Review from 15 countries on cross-country debt and incorporating a safety net policy requirement. By expanding the theoretical model and the computational method from Elliott et al. (2014), we explore the effects of three exogenous shocks on organisations in financial networks and study how the probability of failure changes depending ...
We provide a framework for studying the relationship between the financial network archi-tecture and...
We model a stylized banking system where banks are characterized by the amount of capital, cash rese...
In a setting with multiple banks and differential information, we study how a shock propagates in th...
The purpose of this study is to assess the resilience of financial systems to exogenous shocks using...
The purpose of this study is to assess the resilience of financial systems to exogenous shocks using...
This paper develops an analytical model of contagion in financial networks with arbitrary structure....
This paper develops an analytical model of contagion in financial networks with arbitrary structure....
This paper develops an analytical model of contagion in financial networks with arbitrary structure....
This paper takes a financial network, applies a shock to the system and looks at the resulting insti...
This paper takes a financial network, applies a shock to the system and looks at the resulting insti...
Interconnections among financial institutions create potential channels for contagion and amplificat...
Interconnections among financial institutions create potential channels for contagion and amplificat...
Abstract We provide a framework for studying the relationship between the financial network architec...
We model a stylized banking system where banks are characterized by the amount of capital, cash rese...
In this work we explore contagion from one institution to another that can stem from the existence o...
We provide a framework for studying the relationship between the financial network archi-tecture and...
We model a stylized banking system where banks are characterized by the amount of capital, cash rese...
In a setting with multiple banks and differential information, we study how a shock propagates in th...
The purpose of this study is to assess the resilience of financial systems to exogenous shocks using...
The purpose of this study is to assess the resilience of financial systems to exogenous shocks using...
This paper develops an analytical model of contagion in financial networks with arbitrary structure....
This paper develops an analytical model of contagion in financial networks with arbitrary structure....
This paper develops an analytical model of contagion in financial networks with arbitrary structure....
This paper takes a financial network, applies a shock to the system and looks at the resulting insti...
This paper takes a financial network, applies a shock to the system and looks at the resulting insti...
Interconnections among financial institutions create potential channels for contagion and amplificat...
Interconnections among financial institutions create potential channels for contagion and amplificat...
Abstract We provide a framework for studying the relationship between the financial network architec...
We model a stylized banking system where banks are characterized by the amount of capital, cash rese...
In this work we explore contagion from one institution to another that can stem from the existence o...
We provide a framework for studying the relationship between the financial network archi-tecture and...
We model a stylized banking system where banks are characterized by the amount of capital, cash rese...
In a setting with multiple banks and differential information, we study how a shock propagates in th...