Centrality-based Capital Allocations /

We look at the effect of capital rules on a banking system that is connected through correlated credit exposures and interbank lending. The rules, which combine individual bank characteristics and interconnectivity measures of interbank lending, are to minimize a measure of system-wide losses. Using...

Full description

Bibliographic Details
Main Author: Alter, Adrian
Other Authors: Craig, Ben, Raupach, Peter
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/237
Online Access:Full text available on IMF