Spiros Bougheas
Biographic Data
| ID | 6220464 |
|---|---|
| NAME | Spiros Bougheas |
| GIVEN NAMES | Spiros |
| FAMILY NAME | Bougheas |
| SIGNATURE | BOUGHEAS S |
| AFFILIATIONS | University of Nottingham |
| ORCID | 0000-0001-5561-6521 |
| VERIFIED | Yes |
| TOTAL WORKS | 11 |
| TOTAL CITATIONS | 3 |
| AUTHOR COUNT | 10 |
| EDITOR COUNT | 1 |
| FIRST PUBLICATION YEAR | 1999 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 1 |
Systemic Risk in Banking, Fire Sales, and Macroeconomic Disasters
Systemic Risk in Banking, Fire Sales, and Macroeconomic Disasters
Systemic risk in banking, fire sales, and macroeconomic disasters
We develop a dynamic computational network model of the banking system where fire sales provide the amplification mechanism of financial shocks. Each period a finite number of banks offers a large, but finite, number of loans to households. Banks with excess liquidity also offer loans to other banks with insufficient liquidity. Thus, each period an interbank loan market is endogenously formed. Bank assets are hit by idiosyncratic shocks drawn fro…
Contagion in networks
The Economy as a Complex Spatial System
This collected volume represents the final outcome of the COST Action IS1104 “The EU in the new complex geography of economic systems: models, tools and
The Economy as a Complex Spatial System
economic geography; systemic risk; heterogeneous agents; complex networks analysis; multinational enterprises; spatial econometrics; COST Action IS1104
Bank Insolvencies, Priority Claims and Systemic Risk
Risk taking and information aggregation in groups
We report a controlled laboratory experiment examining risk-taking and information aggregation in groups facing a common risk. The experiment allows us to examine how subjects respond to new information, in the form of both privately observed signals and signals reported from others. We find that a considerable number of subjects exhibit ‘reverse confirmation bias’: they place less weight on information from others that agrees with their private …
Repayment versus Investment Conditions and Exclusivity in Lending Contracts
Lenders condition future loans on some index of past performance. Typically, banks condition future loans on repayments of earlier obligations, whilst international organizations (official lenders) condition future loans on the implementation of some policy action (»investment«). We build an agency model that accounts for these tendencies. The optimal conditionality contract depends on exclusivity — the likelihood that a borrower who has been den…
Internal vs External Financing of R&D
The effect of divorce costs on marriage formation and dissolution
The effect of divorce costs on marriage formation and dissolution
Internal vs External Financing of R&D
Repayment versus Investment Conditions and Exclusivity in Lending Contracts
Lenders condition future loans on some index of past performance. Typically, banks condition future loans on repayments of earlier obligations, whilst international organizations (official lenders) condition future loans on the implementation of some policy action (»investment«). We build an agency model that accounts for these tendencies. The optimal conditionality contract depends on exclusivity — the likelihood that a borrower who has been den…
Risk taking and information aggregation in groups
We report a controlled laboratory experiment examining risk-taking and information aggregation in groups facing a common risk. The experiment allows us to examine how subjects respond to new information, in the form of both privately observed signals and signals reported from others. We find that a considerable number of subjects exhibit ‘reverse confirmation bias’: they place less weight on information from others that agrees with their private …
Bank Insolvencies, Priority Claims and Systemic Risk
The Economy as a Complex Spatial System
economic geography; systemic risk; heterogeneous agents; complex networks analysis; multinational enterprises; spatial econometrics; COST Action IS1104
The Economy as a Complex Spatial System
This collected volume represents the final outcome of the COST Action IS1104 “The EU in the new complex geography of economic systems: models, tools and
Contagion in networks
Systemic Risk in Banking, Fire Sales, and Macroeconomic Disasters
Systemic Risk in Banking, Fire Sales, and Macroeconomic Disasters
Systemic risk in banking, fire sales, and macroeconomic disasters
We develop a dynamic computational network model of the banking system where fire sales provide the amplification mechanism of financial shocks. Each period a finite number of banks offers a large, but finite, number of loans to households. Banks with excess liquidity also offer loans to other banks with insufficient liquidity. Thus, each period an interbank loan market is endogenously formed. Bank assets are hit by idiosyncratic shocks drawn fro…
Economics (9 works) · Business (6 works) · Banking stability, regulation, efficiency (5 works) · Financial system (5 works) · Systemic risk (5 works) · Financial crisis (4 works) · Computer Science (3 works) · Finance (3 works) · Insurance and Financial Risk Management (3 works) · Action (physics) (2 works)