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Network Entropy and Systemic Risk in Dynamic Banking Systems
oleh: Liang He, Shouwei Li
Format: | Article |
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Diterbitkan: | Wiley 2017-01-01 |
Deskripsi
We investigate network entropy of dynamic banking systems, where interbank networks analyzed include random networks, small-world networks, and scale-free networks. We find that network entropy is positively correlated with the effect of systemic risk in the three kinds of interbank networks and that network entropy in the small-world network is the largest, followed by those in the random network and the scale-free network.