با سلام خدمت کاربران در صورتی که با خطای سیستم پرداخت بانکی مواجه شدید از طریق کارت به کارت (6037997535328901 بانک ملی ناصر خنجری ) مقاله خود را دریافت کنید (تا مشکل رفع گردد).
ردیف | عنوان | نوع |
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1 |
The topology of indirect correlation networks formed by common assets
توپولوژی شبکه های همبستگی غیرمستقیم که توسط دارایی های مشترک تشکیل می شود-2019 Evidence is provided that networks resulted from interbank loans have some common
topological properties. As shown in this paper, indirect correlation networks formed
by common assets have similar properties with interbank networks. On the basis
of the systemic indirect correlation, the effects of investment behaviors, endogenous
correlations among assets and fire sales of common assets are primarily tested in this
paper. Then the indirect correlation network of banks is constructed and the planar
maximally filtered graph is used to filter redundant information. The small world
phenomenon, scale-free phenomenon and communities are found by analyzing indirect
correlation networks. All the topological properties are also found on the real financial
market according to the dataset from China. This observation provides a new perspective
for regulators to promote the stability of banking system. Keywords: Common assets | Fire sales | Utility function | Indirect correlation networks |
مقاله انگلیسی |
2 |
Financial networks and systemic risk in Chinas banking system
شبکه های مالی و ریسک سیستماتیک در سیستم بانکی چین-2019 The paper investigates the contagion effects and systemic risk in Chinas commercial banks
system based on the balance sheet data. First, we quantify contagiousness and vulnerability for
Chinas banking system without considering the detailed topology of interbank networks. Second,
we estimate the detailed bilateral exposures matrix of the interbank network to examine the
snowball effects of financial contagion. The simulation results from two alternative approaches
are consistent. Both suggest that the contagious risk arising from an assumed bank failure is
trivial, whereas the amplification effects of the losses due to the financial interlinkage are nontrivial. Keywords: Balance sheets | Interbank networks | Financial contagion | Systemic risk | Chinas banking system |
مقاله انگلیسی |
3 |
The (dis)advantages of clearinghouses before the Fed
مزایا/ ایرادات موسسات تهاتری قبل از Fed-2018 Operating in individual cities, US clearinghouses were the closest thing to a central bank before 1914, but they only assisted banks that chose to join the association. Using an annual bank-level database for seven states between 1880 and 1910, this paper shows that after the entry of a clearinghouse member banks were less likely and nonmember banks in the same city were more likely to close. The results are driven by the fact that the presence of clearinghouses led all banks to become more exposed to systemic liquidity risk, yet provided liquidity only to member banks during panics.
keywords: Bank regulation |Financial panics |Regulatory arbitrage |Clearinghouses |Interbank networks |Bank failure |National Banking Era |
مقاله انگلیسی |
4 |
Network reactions to banking regulations
واکنش شبکه به مقررات بانکی-2017 Optimal regulatory restrictions on banks have to solve a delicate balance. Tighter regula
tions reduce the likelihood of banks’ distress. Looser regulations foster the allocation of
funds toward productive investments. With multiple banks, optimal regulation becomes
even more challenging. Banks form partnerships in the interbank lending market in order
to face liquidity needs and to meet investment possibilities. We show that the interbank
network can suddenly collapse when regulations are pushed beyond a critical level, with
a discontinuous increase in systemic risk as the cross-insurance of banks collapses.
Keywords: Banking regulations | Interbank networks | Systemic risk |
مقاله انگلیسی |