Financial Connections and Systemic Risk
收藏NBER2010-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w16177
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资源简介:
We develop a model where institutions form connections through swaps of projects in order to diversify their individual risk. These connections lead to two different network structures. In a clustered network groups of financial institutions hold identical portfolios and default together. In an
提供机构:
美国国家经济研究局
创建时间:
2010-07-01



