- Autoren
- Matthew Elliott, Benjamin Golub, Matthew O. Jackson
- Jahr
- 2014
- Publikationsort
- American Economic Review, 104(10):3115-53
- Kategorie
- Financial Networks & Systemic Risk
- Zitierstatus
- Verifiziert
- Bereiche
- liquidity networks
- Anmerkungen
- Integration (dependence) and diversification (counterparty count) have **non-monotonic** effects on cascade size — the canonical theorem for a network of liquidity/credit exposures.
- Relevanz für ƒxyz
- the topology theory under the "member-owned liquidity network" noun; the counterparty-cap design lever.