| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 967486 | Journal of Monetary Economics | 2011 | 18 Pages |
Abstract
⺠Network model of interbank market breakdown highlighting role of repo market activity. ⺠Network complexity and concentration are critical in determining financial contagion. ⺠Tougher liquidity regulation and macro-prudential policy may improve system resilience. ⺠Liquidity surcharges for systemically important financial institutions seem desirable.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Prasanna Gai, Andrew Haldane, Sujit Kapadia,