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network are analyzed with Machine Learning, obtaining as push and pull bank variables solvency and bank income structure …This article begins with an analysis of banking flows in the euro zone, through a complex network, from 2006 to 2020 …. This analysis allows us to observe the topology of the network through different phases of the business cycle. It is …
Persistent link: https://www.econbiz.de/10014502810
The cross holding of interbank deposits represents an optimal ex-ante co-insurance arrangement whenever the uncertainty concerning banks' liquidity needs is idiosyncratic and imperfectly correlated. When a shock to aggregate liquidity demand occurs, however, such an arrangement could be...
Persistent link: https://www.econbiz.de/10012926182
network. This survey presents a systematic overview of the recent advances in the theoretical literature on interbank networks …. We assess our current understanding of the structure of interbank networks, of how network characteristics affect … before general results on the link between the structure of the interbank network and financial stability can be established …
Persistent link: https://www.econbiz.de/10010491738
network. This survey presents a systematic overview of the recent advances in the theoretical literature on interbank networks … and assesses our current understanding of the structure of interbank networks, of how network characteristics affect … before general results on the link between the structure of the interbank network and financial stability can be established …
Persistent link: https://www.econbiz.de/10012061680
reflects key empirical observations on labor markets. We analyze the impact of network information provided about potential … network information is available. …
Persistent link: https://www.econbiz.de/10012623746
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 … by introducing the possibility of central bank liquidity provision. …
Persistent link: https://www.econbiz.de/10012061026
We construct an empirical measure of expected network spillovers that arise through default cascades for the U … firms that comprises all bank holding companies, all broker-dealers, and all insurance companies, and consider their entire …
Persistent link: https://www.econbiz.de/10011742429
deposits, thereby reshaping the bank networks. Using unique data on bank balance sheets and detailed interbank deposits in 1862 … and 1867 in Pennsylvania, we study how the NBAs changed the network structure and quantify the effect on financial … stability in an interbank network model. We find that the NBAs induced a concentration of interbank deposits at both the city …
Persistent link: https://www.econbiz.de/10012902839
-induced losses when considering the network layers individually. In addition, a bank “systemic importance” measure based on the multi …In this paper, we develop an agent-based multi-layered interbank network model based on a sample of large EU banks. The …-layered network model is developed and is shown to outperform standard network centrality indicators. The finding of non …
Persistent link: https://www.econbiz.de/10012984392
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 … into a liquidity stress testing framework of the Central Bank of Hungary, and our results proved the importance of the real …
Persistent link: https://www.econbiz.de/10012319121