become less elastic over time, resulting in a decline in risk sharing. While shock amplification has also declined on average …We develop a structural model of the global banking network and analyze its role in facilitating risk sharing and … explains variation in risk sharing and amplification across countries. Moreover, we show that cross‐border loan supply has …

This paper criticises the standard methodology used to measure the importance of different channels of risk sharing in …

Given limited network information, we consider robust risk quantification under the Eisenberg-Noe model for financial …