There is a huge literature on systemic risk and whether there any early warning signals be developed to proactively discourage bubbles formation. The models in the contagion literature have mainly relied on the counterparty risk and focused mainly on the liability side of balance sheets of the entities, particularly in the interbank lending market. However, the question of how does contagion spread through the asset side especially in the presence of overlapping assets in their portfolios has received less attention in the literature.
Srinivasan Raghavendra / Rotundo, Giulia; Raghavendra, Srinivasan. - (2015).
Srinivasan Raghavendra
Giulia Rotundo
Primo
Investigation
;
2015
Abstract
There is a huge literature on systemic risk and whether there any early warning signals be developed to proactively discourage bubbles formation. The models in the contagion literature have mainly relied on the counterparty risk and focused mainly on the liability side of balance sheets of the entities, particularly in the interbank lending market. However, the question of how does contagion spread through the asset side especially in the presence of overlapping assets in their portfolios has received less attention in the literature.File allegati a questo prodotto
Non ci sono file associati a questo prodotto.
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
