Narrow search
Showing 1 - 10 of 23,159
Cover Image
Emergence of a Core-Periphery Structure in a Simple Dynamic Model of the Interbank Market
Lux, Thomas - Institut für Weltwirtschaft (IfW) - 2014
connections 3merges from idiosyncratic liquidity shocks. Banks initially choose potential trading partners randomly, but form … banks mediating between the liquidity needs of many smaller banks. Statistical analysis shows that this evolving interbank …
Persistent link: https://www.econbiz.de/10010905569
Cover Image
Emergence of a Core-Periphery Structure in a Simple Dynamic Model of the Interbank Market
Lux, Thomas - Institut für Volkswirtschaftslehre, … - 2014
connections 3merges from idiosyncratic liquidity shocks. Banks initially choose potential trading partners randomly, but form … banks mediating between the liquidity needs of many smaller banks. Statistical analysis shows that this evolving interbank …
Persistent link: https://www.econbiz.de/10010958905
Cover Image
Emergence of a core-periphery structure in a simple dynamic model of the interbank market
Lux, Thomas - In: Journal of Economic Dynamics and Control 52 (2015) C, pp. 11-11
connections emerges from idiosyncratic liquidity shocks. Banks initially choose potential trading partners randomly, but over time … money center banks mediating between the liquidity needs of many smaller banks. Statistical analysis shows that this …
Persistent link: https://www.econbiz.de/10011209214
Cover Image
Contagion Risk in the Interbank Market: A Probabilistic Approach to cope with Incomplete Structural Information
Montagna, Mattia; Lux, Thomas - Institut für Weltwirtschaft (IfW) - 2014
Banks have become increasingly interconnected via interbank credit and other forms of liabilities. As a consequence of the increased interconnectedness, the failure of one node in the interbank network might constitute a threat to the survival of large parts of the entire system. How important...
Persistent link: https://www.econbiz.de/10010905564
Cover Image
Contagion Risk in the Interbank Market: A Probabilistic Approach to Cope with Incomplete Structural Information
Montagna, Mattia; Lux, Thomas - Institut für Volkswirtschaftslehre, … - 2014
Banks have become increasingly interconnected via interbank credit and other forms of liabilities. As a consequence of the increased interconnectedness, the failure of one node in the interbank network might constitute a threat to the survival of large parts of the entire system. How important...
Persistent link: https://www.econbiz.de/10010958904
Cover Image
A network analysis of the evolution of the German interbank market
Roukny, Tarik; Georg, Co-Pierre; Battiston, Stefano - Deutsche Bundesbank - 2014
-the-counter markets for liquidity in Germany: the interbank market for credit and for derivatives. We use end-of-quarter data from the …
Persistent link: https://www.econbiz.de/10010957124
Cover Image
A Network Analysis of the Evolution of the German Interbank Market
Roukny, Tarik; Georg, Co-Pierre; Battiston, Stefano - Economic Research Southern Africa (ERSA) - 2014
-the-counter markets for liquidity in Germany: the interbank market for credit and for derivatives. We use end-of-quarter data from the …
Persistent link: https://www.econbiz.de/10010929137
Cover Image
If the Alliance Fits . . . : Innovation and Network Dynamics
Cowan, Robin; Jonard, Nicolas - United Nations University-Maastricht Economic Research … - 2008
Network formation is often said to be driven by social capital considerations. A typical pattern observed in the empirical data on strategic alliances is that of small world networks: dense subgroups of firms interconnected by (few) clique-spanning ties. The typical argument is that there is...
Persistent link: https://www.econbiz.de/10010856455
Cover Image
Risk Aversion and Social Networks
Kovarik, Jaromir; Leij, Marco J. van der - Tinbergen Instituut - 2011
This discussion paper resulted in a publication in the 'Review of Network Economics' (forthcoming).<P> Agents involved in the formation of a social or economic network typically face uncertainty about the benefits of creating a link. However, the interplay of such uncertainty and risk attitudes has...</p>
Persistent link: https://www.econbiz.de/10011256629
Cover Image
The role of interbank relationships and liquidity needs
Craig, Ben R.; Fecht, Falko; Tümer-Alkan, Günseli - In: Journal of Banking & Finance 53 (2015) C, pp. 99-111
In this paper, we focus on the interconnectedness of banks and the price they pay for liquidity. We assess how the … to meet liquidity demand. We use quarterly data of bilateral interbank credit exposure among all German banks from 2000 … liquidity, since they had variable rate tenders with a “pay-your-bid” price. Controlling for bank characteristics and the daily …
Persistent link: https://www.econbiz.de/10011209839