economy. Our framework incorporates the interactions between the network of banks (exhibiting contagion mechanisms among them …) and the network of firms (transmitting shocks to each other along the supply chain) which systems are linked together via …

We develop a network model whose links are governed by banks' optmizing decisions and by an endogenous tâtonnement … evolution of the network configuration under various prudential policy regimes, to measure banks' contribution to systemic risk …

We examine the role of macroeconomic fluctuations, asset market liquidity, and network structure in determining … contagion and aggregate losses in a financial system. Systemic instability is explored in a financial network comprising three … ; Network models ; Systemic risk …

We examine the effects on a financial network of clearing all contracts though a central node (CN) thereby transforming … the original network into a star-shaped one. The CN is capitalized with external equity and a guaranty fund. We introduce …

banking system to the financial system network. The results have implications for the capital regulation of financial …

, we construct a bipartite financial network and design novel indicators to analyze the systemic risk of China’s banking … the most significant source of systemic vulnerability in China; (3) the derived contagion network shows the property of …

insights from the literature on global games and network growth, we develop a simple model that sheds light on how network … the entire interbank network. The rate of system-wide bank failure is rendered endogenous, depending crucially on both the … a sharp transition from a dense network of credit relations to a sparse network where credit freezes readily occur are …

explicitly takes into account the crisis state of the world. This allows us to model the network formation decision as optimising …