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the global banking system. Drawing on a unique dataset, the paper documents the degree of interconnectedness and systemic …
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the global banking system. Drawing on a unique dataset, the paper documents the degree of interconnectedness and systemic …
Persistent link: https://www.econbiz.de/10012102210
We perform a network analysis of the centrally cleared interest rate derivatives market in the European Union, by looking at counterparty relations within both direct (house) clearing and client clearing. Since the majority of the gross notional is transferred within central counterparties and...
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] Interconnectedness among financial institutions (banks) can play a major role in precipitating systemic financial crises. [2] It does so …, and acquire loans originated by other banks. Interconnectedness of this sort can obscure information, resulting in banks … interconnectedness. The optimal degree of regulation may depend on depositors' degree of risk aversion and may not eliminate financial …
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