Reputational Dynamics in Financial Networks During a Crisis

Simpson Zhang () and Mihaela van der Schaar ()
Additional contact information
Simpson Zhang: Office of Financial Research
Mihaela van der Schaar: Oxford-Man Institute of Quantitative Finance, University of Oxford

No 18-03, Working Papers from Office of Financial Research, US Department of the Treasury

Abstract: This paper studies the role of learning and reputation in economic networks, such as interbank lending and derivatives trading networks, in times of market distress or financial crisis. The model demonstrates the importance of maintaining firm anonymity and identifies network structures that offer increased resilience.

Keywords: Network Dynamics; Network Design; Reputational Learning; Social Welfare (search for similar items in EconPapers)
Pages: 62 pages
Date: 2018-04-19
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.financialresearch.gov/working-papers/f ... nancial-Networks.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ofr:wpaper:18-03

Access Statistics for this paper

More papers in Working Papers from Office of Financial Research, US Department of the Treasury Contact information at EDIRC.
Bibliographic data for series maintained by Corey Garriott ().