We develop a structural model of the global banking network and analyze its role in facilitating risk sharing and … explains variation in risk sharing and amplification across countries. Moreover, we show that cross‐border loan supply has … become less elastic over time, resulting in a decline in risk sharing. While shock amplification has also declined on average …

importance of strategic supply chain design as a major business imperative. In parallel, Real Options theory is replacing net … Options as a guide to practitioners intent on exploiting the strategy's power to minimize foreign exchange risk and maximize …