Essays about: "Financial contagion"

Showing result 16 - 20 of 29 essays containing the words Financial contagion.

  1. 16. The separation of commercial and investment banking: A literature review

    University essay from Göteborgs universitet/Företagsekonomiska institutionen

    Author : Filip Reinholdson; Henrik Olsson; [2012-06-29]
    Keywords : Commercial investment banking; Conflicts of interest; Diversification; Glass-Steagall; Gramm-Leach-Bliley; Moral hazard; Separation; Too big to fail; Universal banking; Vickers report; Volcker rule;

    Abstract : The purpose of this thesis is to survey the academic literature concerning the separation of commercial and investment banking, and to serve as a basis for future research. We provide a review of 75 papers showing that there is no unanimous evidence either for or against the argument that a separation of commercial and investment banking would be more beneficial for society overall. READ MORE

  3. 17. Moral Hazard in Financial Networks

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Per Bäckman; Frank Nieuwendijk; [2012]
    Keywords : financial contagion; network theory; moral hazard; simulation; interbank markets;

    Abstract : We develop a model of moral hazard within financial networks. By combining network theory, financial contagion theory and game theory we show that players in financial markets have the potential to exploit their positioning within the network. To illustrate the theory, we construct a simulation model where one bank has a defaulting external asset. READ MORE

  4. 18. Contagion and the transmission of financial crises – implications for investors and regulators

    University essay from IHH, Economics, Finance and Statistics

    Author : Steven Schott; [2012]
    Keywords : Contagion; investor behaviour; herding; network analysis; portfolio management; volatility;

    Abstract : The occurence of financial contagion can lead to hazardous results for financial institutions, financial markets as well as for the whole economy. Therefore it can have even serious economic effects on everybody´s life. That is why it is of great interest to deeper understand its characteristics. READ MORE

  5. 19. The Ising Model on a Heavy Gravity Portfolio Applied to Default Contagion

    University essay from Tillämpad matematik och fysik (MPE-lab)

    Author : Yang Zhao; Min Zhang; [2011]
    Keywords : Financial Mathematics; Ising model; portfolio; default contagion;

    Abstract : In this paper we introduce a model of default contagion in the financail market. The structure of the companies are represented by a Heavy Gravity Portfolio, where we assume there are N sectors in the market and in each sector i, there is one big trader and ni supply companies. READ MORE

  6. 20. Global Stock Market Contagion: A study of the transmission mechanism of shocks during the 2008 financial crisis

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Anders Skarholt; Henrik Ohlsén; [2010]
    Keywords : Contagion; Correlation; Comovement; Spillover;

    Abstract : Tests for contagion between international equity markets have usually been based on the assumption of constant cross-market correlation. Due to time-varying correlations, these tests can generate biased results. READ MORE