Possible contagions make understanding network structure of financial interactions critical. - PowerPoint Presentation

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Uploaded On 2018-11-04

Possible contagions make understanding network structure of financial interactions critical. - PPT Presentation

Need tools to help evaluate contagion risk Although large cascades are today offpath its important to keep them offpath Introduction Rochet Tirole 1996 Kiyotaki Moore 1997 Allen Gale 2000 ID: 714304

cascades integration debt diversification integration cascades diversification debt holdings organization cross organizations contagion investment income network failure model 125

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