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Title:Risk-sharing and contagion in networks Author(s):CABRALES, Antonio; GOTTARDI, Piero
; VEGA-REDONDO, FernandoDate:2013Type:Working PaperSeries/Number:EUI ECO; 2013/01Abstract:The aim of this paper is to investigate how the capacity of an economic system to absorb shocks depends on the specific pattern of interconnections established among financial firms. The key trade-off at work is between ...
