Leitner is at the Federal Reserve Bank of Philadelphia. This paper is a revision of the second chapter of my Ph.D. dissertation in finance at Northwestern University. An earlier draft is titled “Fragile Financial Networks.” I thank Mitchell Berlin, Philip Bond, Satyajit Chatterjee, Douglas Gale, Rick Green (the editor), Arvind Krishnamurthy, Leonard Nakamura, Adriano Rampini, an anonymous referee, and especially my main advisor, Michael Fishman, for helpful comments. I also thank seminar participants at the Federal Reserve Bank of Philadelphia, Northwestern University, Wharton (macro-lunch), the University of Haifa, Tel-Aviv University, Bar-Ilan University, the Hebrew University, and numerous conferences. The views expressed here are those of the author and do not necessarily reflect those of the Federal Reserve Bank of Philadelphia or of the Federal Reserve System.
Financial Networks: Contagion, Commitment, and Private Sector Bailouts
Version of Record online: 10 NOV 2005
© 2005 the American Finance Association
The Journal of Finance
Volume 60, Issue 6, pages 2925–2953, December 2005
How to Cite
LEITNER, Y. (2005), Financial Networks: Contagion, Commitment, and Private Sector Bailouts. The Journal of Finance, 60: 2925–2953. doi: 10.1111/j.1540-6261.2005.00821.x
- Issue online: 10 NOV 2005
- Version of Record online: 10 NOV 2005
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