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outflows with loan scale. The model shows that an aggregate shock to the collateral value of bank assets triggers a flight to … cycles ; financial frictions ; liquidity hoarding ; bank capital channel ; credit crunch …
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my model to match the volatility and correlation with output of the external finance premium, bank leverage …
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outflows with loan scale. The model shows that an aggregate shock to the collateral value of bank assets triggers a flight to … cycles ; financial frictions ; liquidity hoarding ; bank capital channel ; credit crunch …
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We analyze the emergence of systemic risk in a network model of interconnected bank balance sheets. The model … bank's individual contribution to systemic risk diverges from the optimal macroprudential capitalization of the banks from …
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