Fig. 12

Contour plot of the average number of bank defaults as a function of fire sales parameters ρ banks and γ in an ENF-model, averaged over 100 simulations of Π and periphery link choices. The simulation procedure is explained in Remark 4.1
Contour plot of the average number of bank defaults as a function of fire sales parameters ρ banks and γ in an ENF-model, averaged over 100 simulations of Π and periphery link choices. The simulation procedure is explained in Remark 4.1