factors. We account for interdependencies between sovereign and bank CDS spreads and we derive generalised impulse response … or country-specific bank index to other sovereign or bank CDSs between October 2009 and July 2012. Channels of …

other countries in the euro area. The estimation of a multivariate, multi-country time series model (specifically a Global …

conditional correlations between European bank stock indices. These correlations are used as an indication for the …

and organizational challenges. This work provides an auction-based coordination mechanism that enables the allocation and …

This paper analyzes the emergence of systemic risk in a network model of interconnected bank balance sheets. Given a … shock to asset values of one or several banks, systemic risk in the form of multiple bank defaults depends on the strength … of balance sheets and asset market liquidity. The price of bank assets on the secondary market is endogenous in the model …

this method they provide a community description of the Japanese bank-firm credit network, getting evidence of a … strengthening of communities over time and finding support for the well-known Japanese main ''bank'' system. Thus, the authors find …