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The banking system is highly interconnected and these connections can be conveniently represented as an interbank network. This survey presents a systematic overview of the recent advances in the theoretical literature on interbank networks. We assess our current understanding of the structure...
Persistent link: https://www.econbiz.de/10010491738
The banking system is highly interconnected and these connections can be conveniently represented as an interbank network. This survey presents a systematic overview of the recent advances in the theoretical literature on interbank networks and assesses our current understanding of the structure...
Persistent link: https://www.econbiz.de/10012061680
The paper employs a unique identification strategy that links survey data on household consumption expenditure to bank … level data in order to estimate the effects of bank financial distress on consumer credit and consumption expenditures …
Persistent link: https://www.econbiz.de/10010226536
We employ a unique identification strategy linking survey data on household consumption expenditure to bank-level data … to estimate the effects of bank financial distress on consumer credit and consump- tion expenditures. We show that …
Persistent link: https://www.econbiz.de/10012061065
their interbank exposures. The micro-founded framework allows inter alia for endogenous bank defaults and bank capital … requirements. In addition, we introduce a central bank who intervenes directly in the interbank market through liquidity injections … the remaining structures show a non-negligible shock propagation mechanism. Finally, we show that central bank …
Persistent link: https://www.econbiz.de/10011635124
Persistent link: https://www.econbiz.de/10011399495
Persistent link: https://www.econbiz.de/10012485293
Persistent link: https://www.econbiz.de/10012284898
On 5-6 September 2012 SUERF held its 30th Colloquium "States, Banks, and the Financing of the Economy" at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different...
Persistent link: https://www.econbiz.de/10011711721
We employ a unique identification strategy linking survey data on household consumption expenditure to bank-level data … to estimate the effects of bank funding stress on consumer credit and consumption expenditures. We show that households …
Persistent link: https://www.econbiz.de/10012012737