We systematically analyse how network structure and bank characteristics affect solvency distress contagion risk in …-wide shocks and individual bank defaults initially increases and then decreases, all else being equal. The low density … also demonstrate that for real-world interbank networks, simple network metrics other than individual bank connectedness do …

of the probability of a distressed bank to face a licence withdrawal or to be bailed out. The underlying patterns of … distress are analysed based upon a wide spectrum of bank-specific and environmental factors. We obtain precise parameter … differ to a considerable extent, revealing that authorities treat a distressed bank differently in their decision to let it …