Babus, A.M.

network model contagion system liquidity deposit degree distribution banking system period liquidity shocks formation shock process failure equilibrium chapter asset solution benefit banking consumer number connection network g interbank neighbor property market payoff region bank i proof paper state order proposition agent probability equation node i section return value approximation amount world player network formation contagion risk journal structure network formation process chapter 2. function result interbank deposits interbank market allocation institution arch process liquidity demand transfer access literature limit contagion threshold moment bene...t capital choice pairwise network gt rbc model dierent type study volatility intermediation stability theorem