Covi, Giovanni; Gorpe, Mehmet Ziya; Kok Sørensen, … - 2019
This paper presents a novel approach to investigate and model the network of euro area banks' large exposures within … risk of the euro area banking system based on bilateral linkages. We develop a Contagion Mapping model fully calibrated … tipping points shifting the euro area banking system from a less vulnerable state to a highly vulnerable state are a non …