Stability analysis of financial contagion due to overlapping portfolios
Common asset holdings are widely believed to have been the primary vector of contagion in the recent financial crisis. We develop a network approach to the amplification of financial contagion due to the combination of overlapping portfolios and leverage, and we show how it can be understood in term...
| المؤلفون الرئيسيون: | , , , |
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| التنسيق: | Journal article |
| منشور في: |
2012
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