To date, macroprudential policy inspired by the Basel III package is applied irrespective of the network … liquidity crises emerge. We shape the configuration of the financial network to generate two polar worlds: one is characterized … network heterogeneity. Thus, capital buffers should be calibrated on the heterogeneity of the financial networks to stabilize …

We study the impact of higher bank capital buffers, namely of the Other Systemically Important Institu- tions (O …

, and adjust their monetary reserve levels to meet prescribed capital requirements. Each bank has its own initial monetary …

This paper proposes a stochastic model of a bipartite credit network between banks and the non-bank corporate sector … that encapsulates basic stylized facts found in comprehensive data sets for bank-firm loans for a number of countries. When …

This paper proposes a stochastic model of a bipartite credit network between banks and the non-bank corporate sector … that encapsulates basic stylized facts fond in comprehensive data sets for bank-firm loans for a number of countries. When …

loan syndicates, I shed light on the impact of a bank's LBO loan exposure on its systemic risk. By using 3,538 observations … are the bank's interconnectedness to other LBO financing banks and its size. Lending experience with a specific PE sponsor …, experience with leading LBO syndicates or a bank's credit rating, however, lead to a lower impact of the LBO loan exposure on …