Banks, Endogenous Network Formations and Financial Crisis (2019-2022)

This project in economic theory and financial economics aims to understand how endogenous network formations affect financial crisis and how such situations can be modeled using modern tools in economics. The objective is to provide a coherent microeconomic model of financial network formations, and to study the properties of financial systems in the presence of possible financial crisis. The results that this project may achieve will contribute to the theoretical understanding of financial crisis and consequences in financial markets. This project will also conduct applied economic policy analysis and provide policy implications for lifting productivity and economic growth, which will promote population wellbeing.