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Thesis

The emergence of interbank exposure networks: an empirical analysis and game theoretical models

Abstract:

This thesis studies the emergence of financial exposures between banks and introduces a novel game of financial network formation. It shows empirically that governance structures influence how banks use the interbank market to manage liquidity and that strategic factors are additional drivers of interbank lending for private banks (Ch. 2). It further develops a model of optimal bank behaviour in the absence of liquidity shocks considering the effect of an exogenous bailout probability (Ch....

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Institution:
University of Oxford
Division:
SSD
Department:
Said Business School
Role:
Author

Contributors

Institution:
University of Oxford
Division:
SSD
Department:
Said Business School
Role:
Supervisor
Institution:
University of Oxford
Division:
SSD
Department:
Economics
Role:
Supervisor
Institution:
University of Oxford
Division:
SSD
Department:
Said Business School
Role:
Examiner
Department:
University of Auckland
Role:
Examiner


DOI:
Type of award:
DPhil
Level of award:
Doctoral
Awarding institution:
University of Oxford


Language:
English
Subjects:
UUID:
uuid:2cb47a08-3802-4bfc-b5a0-14af82521909
Deposit date:
2016-09-30

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