White Paper
Distress and Default Contagion in Financial Networks
November 7, 2019
Existing models do not do an effective job of accounting for the spread of contagion, particularly pre-default. Luitgard A. M. Veraart proposes a new model for solvency contagion that can be used to quantify systemic risk in stress tests.
Explore All White Papers
Visit our extensive library of white papers on financial risk, AI, sustainability and climate, and more.