available liquidity in the system. The network structure of the LVTS T2 is found to be asymmetric in terms of the patterns of … with each other than with participants in other subgroups. Three possible network equilibria are proposed. The equilibria … relate to a dominant strategy for at least those participants most central in the network with respect to liquidity transfer …

credit limits (BCLs) to a participant at risk of imminent closure. The authors' analysis considers a network of three banks … includes the value of network externalities, the analysis shows that, when the expected credit loss is sufficiently low, an …The authors examine the effect of a trade-off between shared credit risk and liquidity efficiency, among participants …

rationalizing their network between technology penetration and business stealing. The model is solved numerically and we show that …

examine how the supply of credit by banks that rely more on wholesale funding changed during periods of low-for-long interest …

-level data in order to estimate the effects of bank financial distress on consumer credit and consumption expenditures …-mortgage liabilities compared to a matched sample of households. The reduced access to credit, however, does not result in lower levels of …, where even temporary adverse credit supply shocks are associated with significant real effects. …