The economics of netting in financial networks |
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Authors: | Gaffeo Edoardo Gobbi Lucio Molinari Massimo |
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Institution: | 1.Department of Economics and Management, University of Trento, Trento, Italy ;2.Market Operations Directorate, Bank of Italy, Via Nazionale 91, 00184, Rome, Italy ; |
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Abstract: | Journal of Economic Interaction and Coordination - Can the netting of on-balance-sheet interbank assets and liabilities be useful in thwarting financial contagion during a systemic crisis episode?... |
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