Results 211 to 220 of about 611,648 (261)

DebtStreamness: an ecological approach to credit flows in interfirm networks. [PDF]

open access: yesPNAS Nexus
Rodríguez-Martínez A   +5 more
europepmc   +1 more source
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CBDC and Financial Stability

SSRN Electronic Journal, 2023
What is the effect of Central Bank Digital Currency (CBDC) on financial stability? We answer this question by studying a model of financial intermediation with an endogenously determined probability of a bank run, using global games. As an alternative to bank deposits, consumers can also store their wealth in remunerated CBDC issued by the central bank.
Ahnert, Toni   +3 more
openaire   +2 more sources

Financial Architecture and Financial Stability

SSRN Electronic Journal, 2020
This article studies the links between financial stability and the architecture of financial systems. We review the existing literature and provide organizing frameworks for analyzing three empirically important aspects of financial architecture: the rise of nonbank financial intermediaries, the regulatory response to these structural changes, and the ...
Allen, F, Walther, A
openaire   +2 more sources

Cybersecurity and financial stability

Review of Finance, 2022
Abstract Cyber risk exposes banks to operational disruptions that can trigger runs. A bank chooses its cybersecurity by trading off protection against attacks with remaining resilient if an attack succeeds. Cybersecurity functions as a risk-management decision: it reduces the bank’s exposure to adverse outcomes but entails lower ...
Anand, Kartik   +2 more
openaire   +2 more sources

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