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interbank data to capture the size and scale of connections in the network. We proceed to shock these networks per country and … well as the Eurozone interbank market. Finally, we provide evidence of the effects of contagion on each bank, allowing for … bank heterogeneity by comparing the bank's relative financial strength to the strength of the contagion that is modelled by …
Persistent link: https://www.econbiz.de/10013032806
The trade-off between bank competition and financial stability has always been a widely and controversial issue, both … among policymakers and academics. This paper empirically re-investigates the relationship between competition and bank risk … consider both individual and systemic dimension of risk. Bank-individual risk is measured by the Z-score and the distance …
Persistent link: https://www.econbiz.de/10013004570
associated with extreme co-movements in a market-based measure of bank soundness, controlling for common underlying factors. We …
Persistent link: https://www.econbiz.de/10013125749
changes have an asymmetric impact in that bank stocks benefit more from negative CDS spread shocks than they are hurt by …
Persistent link: https://www.econbiz.de/10011963385
Persistent link: https://www.econbiz.de/10011584245
This paper designs a systemic risk measure for the European banking system as a hypothetical distress insurance premium (DIP), which integrates economically the main characteristics of systemic risk — size, default probability, and interconnectedness. We further identify the individual...
Persistent link: https://www.econbiz.de/10012974805
. That is why implementing prudential rules and policies requires careful consideration of their impact on bank risk and … have a stronger link to the system in the event of financial stress, rather than having a higher level of bank risk …
Persistent link: https://www.econbiz.de/10013018943
. These cross-citations form a valued network of twenty-eight nodes which can be analyzed with tools of network analysis. This … observations in a network. The explanatory variables distinguish between variables that proxy for legal similarities between …
Persistent link: https://www.econbiz.de/10014237432
The success breeds success hypothesis has been mainly applied to theoretical network approaches. We investigate the … network, its topological architecture, the individual actors that make up the network, and through a comparison of the Airbus … structure is mirrored in the architecture of the European aerospace R&D collaboration network, where well-connected hub …
Persistent link: https://www.econbiz.de/10010440783
methodological tools assessing network characteristics at the dyadic level are lacking for aggregated networks (such as the network … knowledge flows. To do so we first define a new measure to assess 'network proximity' at the level of the regional dyad, based … European countries (France, Germany, Italy, Spain, the United Kingdom). The studied network is then composed of all the …
Persistent link: https://www.econbiz.de/10011487789