Fourel, V.; Héam, J-C.; Salakhova, D.; Tavolaro, S. - Banque de France - 2013
proposing a new model of banking contagion through two channels, bilateral exposures and funding shortage. Inspired by the key … potential solvency contagion, a market shock leads to banks liquidity hoarding that may generate problems of short-term funding … combination of an initial market shock (losses on marked-to-market assets) and the resulting solvency and liquidity contagion …