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Persistent link: https://www.econbiz.de/10008810970
We propose a framework to link empirical models of systemic risk to theoretical network/ general equilibrium models used to understand the channels of transmission of systemic risk. The theoretical model allows for systemic risk due to interbank counterparty risk, common asset exposures/fire...
Persistent link: https://www.econbiz.de/10012251307
Persistent link: https://www.econbiz.de/10015075903