of financial contagion based on bank balance sheet identities and behavioral assumptions of deleveraging. Cascade effects … can be triggered by bank losses or contractions of interbank lending activities. As a result of shocks on assets or on … illustrate the use of the model and the relative importance of contagion channels, relying on bank losses of advanced countries …

contagion which can be used to calibrate bank-specific capital and liquidity requirements and large exposures limits. We find … non-linear function of the combination of network structures and bank-specific characteristics …

This study establishes time-frequency networks of sovereign and bank contagion in the eurozone over the period 2009 …

has been formulated: in the post-crisis conditions the euro area remains vulnerable to the sovereign-bank nexus, which in … particular stems from the very legacy of the crisis, bank-based financial system, as well as incomplete reforms of the euro area … some progress in recent years, institutional reforms aimed at breaking the sovereign-bank nexus are far from complete. …