Showing 1 - 10 of 4,893
important institutions and its time variation is also presented in an interbank network. I also test for the scale-free property … of the Hungarian interbank lending network and besides, network measures as systemic risk indicators are analyzed on …
Persistent link: https://www.econbiz.de/10011579475
This paper presents a new theory that explains why it is beneficial for banks to be highly interconnected and to engage in herding behavior. It shows that these two important causes of systemic risk are interdependent and thus cannot be considered in isolation. The reason is that banks have an...
Persistent link: https://www.econbiz.de/10012061003
We introduce a novel simulation-based network approach, which provides full-edged distributions of potential interbank … distributions in general. Our application to German regulatory data from End-2016 shows that the German interbank network was at …
Persistent link: https://www.econbiz.de/10012201789
network. This survey presents a systematic overview of the recent advances in the theoretical literature on interbank networks … and assesses our current understanding of the structure of interbank networks, of how network characteristics affect … before general results on the link between the structure of the interbank network and financial stability can be established …
Persistent link: https://www.econbiz.de/10012061680
network. This survey presents a systematic overview of the recent advances in the theoretical literature on interbank networks …. We assess our current understanding of the structure of interbank networks, of how network characteristics affect … before general results on the link between the structure of the interbank network and financial stability can be established …
Persistent link: https://www.econbiz.de/10010491738
that can best be characterized as a shrinking of the interbank network. Such a change in the network structure is … consequential: banks with higher centrality within the network have better access to liquidity and are able to charge larger …
Persistent link: https://www.econbiz.de/10010471923
We develop a theoretical model examining the financial stability policy of a central bank serving as both the lender of last resort and the regulator of the financial system. The model accommodates the possibility of financial contagion through interbank market linkages, and adverse feedback...
Persistent link: https://www.econbiz.de/10012969580
the interbank market. Using a simple network structure, it shows that if there is a non-zero bailout probability, banks …
Persistent link: https://www.econbiz.de/10010226037
' incentives and strategic behaviours. We propose a model to study contagion effects in a banking system capturing network effects …
Persistent link: https://www.econbiz.de/10014278677
controlling contagion in case of complete information about an interbank network, we augment the model with three plausible types … network of 373 banks. On the basis of an exogenous shock leading to defaults of some banks in the network, we find that the …
Persistent link: https://www.econbiz.de/10012519357