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This paper proposes a stochastic model of a bipartite credit network between banks and the non-bank corporate sector … number of loans seems fuzzy. Distinguishing between contagion due to interbank credit and due to joint exposures to …
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of probability of joint drawups as an estimate of the network of financial dependencies among institutions. We then carry … out a network analysis that provides insights into the role of systemically important financial institutions …
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This paper analyses the role of collateral in loan contracting when companies are financed by multiple bank lenders and relationship lending can be present. We conjecture and empirically validate that relationship lenders, who enjoy an informational advantage over arm's-length banks, are more...
Persistent link: https://www.econbiz.de/10009767124
We propose to use a systemic risk metric for an extended network which includes the inter-bank network, the banks …-firms bipartite network, and the intrafirm exposures network in Uruguay. This is the first work, to the best of our knowledge, in … which the intra-firm exposures network is estimated with good accuracy by using information from a firm survey. Given that …
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