in ’t Veld, Daan; van Lelyveld, Iman - In: Journal of Banking & Finance 49 (2014) C, pp. 27-40
This paper investigates the network structure of interbank markets. Using a dataset of interbank exposures in the Netherlands, we corroborate the recent hypothesis that the core periphery model is a ‘stylised fact’ of interbank markets. We find a core of highly connected banks intermediating...