Results 271 to 280 of about 116,218 (344)

Endogenous Distress Contagion in a Dynamic Interbank Model: How Possible Future Losses May Spell Doom Today

open access: yesMathematical Finance, EarlyView.
ABSTRACT We introduce a dynamic and stochastic interbank model with an endogenous notion of distress contagion, arising from rational worries about future defaults and ensuing losses. This entails a mark‐to‐market valuation adjustment for interbank claims, leading to a forward‐backward approach to the equilibrium dynamics whereby future default ...
Zachary Feinstein, Andreas Søjmark
wiley   +1 more source

Navigating Supply Shocks: Sector Resilience and Production Prices Through Stochastic Input–Output Modeling

open access: yesMathematical Finance, EarlyView.
ABSTRACT This study develops a novel multivariate stochastic framework for assessing systemic risks, such as climate and nature‐related shocks, within production or financial networks. By embedding a linear stochastic fluid network, interpretable as a generalized vector Ornstein–Uhlenbeck process, into the production network of interdependent ...
Giovanni Amici   +3 more
wiley   +1 more source

“They Look At Us Like Parasites”: The Corporeal Stigmatization and Pathologization of Deportees in Tijuana, Mexico

open access: yesMedical Anthropology Quarterly, EarlyView.
Abstract This article examines the embodied and institutional forms of marginalization experienced by Mexican deportees in Tijuana. Drawing on ethnographic fieldwork conducted in clinics and social service organizations, it explores how deportees are corporeally stigmatized, denied legal recognition, and pathologized as addicts in need of coercive ...
Carlos Martinez
wiley   +1 more source

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