requirements and asset prices, guarantee the higher degree of stability. We use techniques drawn from the theory of complex … networks to show how contagion can propagate under different scenarios when the topology of the financial system, the … simple model of contagion as the one that has been popularized by Gai and Kapadia (2010). Then, we provide a richer model in …

This paper proposes a stochastic model of a bipartite credit network between banks and the non-bank corporate sector … that encapsulates basic stylized facts found in comprehensive data sets for bank-firm loans for a number of countries. When … number of loans seems fuzzy. Distinguishing between contagion due to interbank credit and due to joint exposures to …

This paper proposes a stochastic model of a bipartite credit network between banks and the non-bank corporate sector … that encapsulates basic stylized facts fond in comprehensive data sets for bank-firm loans for a number of countries. When … number of loans seems fuzzy. Distinguishing between contagion due to interbank credit and due to joint exposures to …

the tools of network analysis it is possible to study how contagion spreads between banks and what is the probability and …In this paper, I incorporate a complex network model into a state of the art stochastic general equilibrium framework … impact on contagion probability than real shocks that, however, are long lasting. Additionally I find that monetary policy …

The recent global financial crisis has triggered a huge interest in the use of network concepts and network tools to … contagion and distress in the financial system, and (d) studies that explore which location advantages may arise from holding … privileged positions in the interbank network, such as via preferential lending relationships, or because of occupying a more …