Hideaki, AOYAMA; BATTISTON, Stefano; Yoshi, FUJIWARA - Research Institute of Economy, Trade and Industry (RIETI) - 2013
We present an analysis of the lending/borrowing relationship between Japanese banks and Japanese firms, which form a bipartite credit network. We introduce distress to some initial node(s) (banks or firms) and allow it to propagate and contaminate other nodes in this network according to the...