We study the impact of collateral diversification by non-financial firms on systemic risk in a general equilibrium … model with standard production functions and mixed debt-equity financing. Systemic risk comes about as soon as firms …

international minimum standards in order to mimimise systemic risk. Indeed, Basel agreement is designed to guide a judgement about … alternative model to Basel framework is derived where systemic risk is taken into account in each bank's dynamic. This might be a … systemic risk. Moreover, bank regulation is considered in a two-scale level, either at the bank level or at the system …