no code implementations • 10 Nov 2023 • Zhiyu Cao, Zachary Feinstein
Price-mediated contagion occurs when a positive feedback loop develops following a drop in asset prices which forces banks and other financial institutions to sell their holdings.
no code implementations • 26 Jul 2023 • Zhiyu Cao, Zihan Chen, Prerna Mishra, Hamed Amini, Zachary Feinstein
Financial contagion has been widely recognized as a fundamental risk to the financial system.