To fully net or not to net : adverse effects of partial multilateral netting

Hamed Amini; Damir Filipović; Andreea Minca

We show that partial versus full multilateral netting of interbank liabilities increases bank shortfall, and reduces clearing asset price and aggregate bank surplus. We also show that partial multilateral netting can be worse than no netting at all

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Year of publication:	2015 ; This version: June 25, 2015
Authors:	Amini, Hamed ; Filipović, Damir ; Minca, Andreea
Publisher:	Geneva : Swiss Finance Institute
Subject:	Over the Counter Markets \| Financial Network \| Partial Multilateral Netting

Extent:	Online-Ressource (22 S.)
Series:	Research paper series / Swiss Finance Institute. - Geneva, ZDB-ID 2392286-2. - Vol. 14,63
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	10.2139/ssrn.2516974 [DOI]
Classification:	C44 - Statistical Decision Theory; Operations Research ; c54 ; C62 - Existence and Stability Conditions of Equilibrium ; G01 - Financial Crises ; G18 - Government Policy and Regulation ; G32 - Financing Policy; Capital and Ownership Structure
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10011293609