Showing 1 - 3 of 3
We present a network model of the interbank market in which optimizing risk averse banks lend to each other and invest in non-liquid assets. Market clearing takes place through a tâtonnement process which yields the equilibrium price, while traded quantities are determined by means of an...
Persistent link: https://www.econbiz.de/10012977191
Persistent link: https://www.econbiz.de/10013464538
Persistent link: https://www.econbiz.de/10012199215