From banks' strategies to financial (in) stability
S Berardi, G Tedeschi - International Review of Economics & Finance, 2017 - Elsevier
This paper aims to shed light on the emergence of systemic risk in credit systems. By
develo** an interbank market with heterogeneous financial institutions granting loans on …
develo** an interbank market with heterogeneous financial institutions granting loans on …
Networks and market-based measures of systemic risk: the European banking system in the aftermath of the financial crisis
This article investigates the behaviour of the European banking system during the financial
crises that occurred in the last decades. Among the various approaches for measuring …
crises that occurred in the last decades. Among the various approaches for measuring …
Interbank credit and the money manufacturing process: a systemic perspective on financial stability
Y Biondi, F Zhou - Journal of Economic Interaction and Coordination, 2019 - Springer
Interbank lending and borrowing occur when financial institutions seek to settle and
refinance their mutual positions over time and circumstances. This interactive process …
refinance their mutual positions over time and circumstances. This interactive process …
Business fluctuations in a behavioral switching model: Gridlock effects and credit crunch phenomena in financial networks
In this paper we characterize the evolution over time of a credit network in the most general
terms as a system of interacting banks and firms operating in a three-sector economy with …
terms as a system of interacting banks and firms operating in a three-sector economy with …