lend to each other directly but through money center banks acting as intermediaries. We capture the concept of tiering by … developing a core-periphery model, and devise a procedure for fitting the model to real-world networks. Using Bundesbank data on … bilateral interbank exposures among 1800 banks, we find strong evidence of tiering in the German banking system. Moreover …

probable links with the largest exposures consistent with the total lending and borrowing of each bank, leading to networks … realistic interbank networks that preserve important characteristics of the original interbank market. The method loads the most …

provides a promising avenue for understanding the formation of financial networks. -- Interbank markets ; intermediation … ; networks ; tiering ; core and periphery ; market structure … lend to each other directly but through money center banks acting as intermediaries. We capture the concept of tiering by …

lend to each other directly but through money center banks acting as intermediaries. We capture the concept of tiering by … developing a core-periphery model, and devise a procedure for fitting the model to real-world networks. Using Bundesbank data on … bilateral interbank exposures among 1800 banks, we find strong evidence of tiering in the German banking system. Moreover …

lend to each other directly but through money center banks acting as intermediaries. We capture the concept of tiering by … developing a core-periphery model, and devise a procedure for tting the model to real-world networks. Using Bundesbank data on … bilateral interbank exposures among 1800 banks, we find strong evidence of tiering in the German banking system. Econometrically …

lend to each other directly but through money center banks acting as intermediaries. We capture the concept of tiering by … developing a core-periphery model, and devise a procedure for fitting the model to real-world networks. Using Bundesbank data on … bilateral interbank exposures among 1800 banks, we find strong evidence of tiering in the German banking system. Econometrically …

probable links with the largest exposures consistent with the total lending and borrowing of each bank, leading to networks … realistic interbank networks that preserve important characteristics of the original interbank market. The method loads the most …

probable links with the largest exposures consistent with the total lending and borrowing of each bank, leading to networks … realistic interbank networks that preserve important characteristics of the original interbank market. The method loads the most …

probable links with the largest exposures consistent with the total lending and borrowing of each bank, yielding networks with … realistic interbank networks that preserve important characteristics of the original interbank market. The method loads the most …