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A dynamic approach merging network theory and credit risk techniques to assess systemic risk in financial networks

The interconnectedness of financial institutions affects instability and credit crises. To quantify systemic risk we introduce here the PD model, a dynamic model that combines credit risk techniques with a contagion mechanism on the network of exposures among banks. A potential loss distribution is...

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Detalhes bibliográficos
Publicado no:Sci Rep
Main Authors: Petrone, Daniele, Latora, Vito
Formato: Artigo
Idioma:Inglês
Publicado em: Nature Publishing Group UK 2018
Assuntos:
Acesso em linha:https://ncbi.nlm.nih.gov/pmc/articles/PMC5883039/
https://ncbi.nlm.nih.gov/pubmed/29615684
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1038/s41598-018-23689-5
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