Cerchiello, Paola; Giudici, Paolo - Dipartimento di Scienze Economiche e Aziendali, … - 2014
Systemic risk modelling concerns the estimation of the interrelationships between financial institutions, with the aim of establishing which of them are more central and, therefore, more contagious/subject to contagion. The aim of this paper is to develop a novel systemic risk model. A model...