Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10013272265
Persistent link: https://www.econbiz.de/10012792743
Persistent link: https://www.econbiz.de/10012416822
We develop a framework to analyse the Credit Default Swaps (CDS) market as a network of risk transfers among counterparties. From a theoretical perspective, we introduce the notion of flow-of-risk and provide sufficient conditions for a bow-tie network architecture to endogenously emerge as a...
Persistent link: https://www.econbiz.de/10011975749
This paper provides a unique snapshot of the exposures of EU banks to shadow banking entities within the global … challenging when shadow banking entities are domiciled in different jurisdictions. The analysis shows that many of the EU banks …' exposures are towards non-EU entities, particularly US-domiciled shadow banking entities. At the individual level, banks …
Persistent link: https://www.econbiz.de/10011976217