Systemic risk: the dynamics of model banking systems

被引：141
作者：
May, Robert M. [1 ]
Arinaminpathy, Nimalan [1 ,2 ]
机构：
[1] Univ Oxford, Dept Zool, Oxford OX1 3PS, England
[2] Univ Oxford, Inst Emerging Infect, James Martin 21st Century Sch, Oxford OX1 3PS, England
来源：
JOURNAL OF THE ROYAL SOCIETY INTERFACE | 2010年 / 7卷 / 46期
关键词：
systemic risk; financial networks; banking system; COMPLEX-SYSTEMS; CONNECTANCE; NETWORKS;
D O I：
10.1098/rsif.2009.0359
中图分类号：
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号：
07 ; 0710 ; 09 ;
摘要：
The recent banking crises have made it clear that increasingly complex strategies for managing risk in individual banks have not been matched by corresponding attention to overall systemic risks. We explore some simple mathematical caricatures for `banking ecosystems', with emphasis on the interplay between the characteristics of individual banks (capital reserves in relation to total assets, etc.) and the overall dynamical behaviour of the system. The results are discussed in relation to potential regulations aimed at reducing systemic risk.
引用
收藏
页码：823 / 838
页数：16
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