Dynamic clearing and contagion in financial networks

Abstract

We will consider an extension of the Eisenberg-Noe model of financial contagion to allow for time dynamics in both discrete and continuous time. Mathematical results on existence and uniqueness of firm wealths under discrete... [ view full abstract ]

Authors

  1. Tathagata Banerjee (Washington University in St. Louis)
  2. Alex Bernstein (University of California, Santa Barbara)
  3. Zachary Feinstein (Washington University in St. Louis)

Topic Area

Systemic Risk

Session

FR-A-EM » Systemic Risk: Network Models (10:00 - Friday, 20th July, Emmet)

Presentation Files

The presenter has not uploaded any presentation files.