We present a network model of the interbank market in which optimizing risk averse banks lend to each other and invest … sale externalities. The resulting network configurations exhibits a core-periphery structure, dis-assortative behavior and … low clustering coefficient. We measure systemic importance by means of network centrality and input-output metrics and the …

network structure. We provide a general characterization of both equilibrium networks and endogenous production choices, and … compare it to the efficient network architecture. We also allow for firms to differ in their technological characteristics …, investigate how this affects their propensity to collaborate and study the resulting network architecture. …

equilibrium of this default game. Next, we develop an algorithm to find all Nash equilibria that relies on the financial network …

In this paper we introduce a stochastic network formation model where agents choose both actions and links. Neighbors … in the network benefit from each other's action levels through local complementarities and there exists a global …

interbank loans during a month from the banks that participated in Norges Bank's real-time gross settlement system. The filter …

dynamic bank volatility network. The volatility connectedness increased substantially during the US financial crisis (from … connectedness to their counterparts in other countries of the region. Finally, we show that the region's bank volatility network …This paper presents an analysis of the volatility connectedness of major bank stocks in the South East Asia (SEACEN …

This paper analyzes the contagion effects associated with the failure of Silicon Valley Bank (SVB) and identifies bank … held-to-maturity securities, bank size, and cash holdings had a significant impact, while better-quality assets or holdings … rate hikes nor risks linked to bank size. While mid-sized banks experienced particular stress immediately after the SVB …