Systemic Risk in Cross-Border Banking: a Network Analysis

Ing. Darya Makarchyk

Master's thesis

Abstract:

The purpose of the thesis is to investigate the risk and potential impact of national defaults in the cross-border banking network on the international financial stability. Firstly, systemic risk in finance and mechanisms of shock propagation are defined. Secondly, existing theoretical and empirical literature on network analysis in banking is investigated. Next, cross-border banking network is analyzed and systemically important countries crucial for financial stability of the system are defined and explained.

Keywords

Cross-border banking, financial stability, financial networks, interbank exposures, contagion, network analysis, interconnectedness.

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 16. 5. 2016

Obhajoba závěrečné práce

• Obhajoba proběhla 20. 6. 2016
• Vedúci: Oleg Deev
• Oponent: Ing. Dagmar Linnertová, Ph.D.

Masaryk University

Faculty of Economics and Administration

Master programme / odbor:
Finance and Accounting / Finance (eng.)