are correlated. In this way we can study the interaction of two important channels for systemic risk (correlation of asset …We study systemic risk in a network model of the interbank market where the asset returns of the banks in the network … systemic crisis in the banking network as a function of both the asset correlation, and the connectivity and structure of the …

insurance portfolio. Hierarchical risk aggregation is performed using bivariate copula trees. Six common parametric copula … is a measure of positive dependence through variance of the aggregate risk. During gross loss accumulation, the marginals …