them but suffer losses through contagion when any agent on a path connected to them is hit by a shock. We first consider … that the completely connected network is stable, although, its exact structure, and thus contagion implications, is …

illiquidity and all its friends: market freezes, fire sales, contagion, and ultimately insolvencies and bailouts. It first …-prudential policies. -- Liquidity ; Contagion ; Bailouts ; Regulation …

intervention have stronger effects beyond borders. We provide a model of international contagion allowing for bank bailouts. While … welfare. -- bailout ; contagion ; financial crisis ; international institutional arrangements …