Interbank Contagion in the Dutch Banking Sector
基于银行问卷等多源数据估算荷兰银行间市场风险敞口，通过情景分析发现大银行破产会给其他银行带来较大压力但不会导致市场完全崩溃，小银行破产的传染效应有限。
We investigate interlinkages and contagion risks in the Dutch interbank market. Based on severaldata sources, including the answers of banks to a questionnaire, we estimate the exposures in the interbank market at bank level. Next, we perform a scenario analysis to measure contagion risks. We find that the bankruptcy of one of the large banks will put a considerable burden on the other banks, but will not lead to a complete collapse of the interbank market. The contagion effects of the failure of a smaller bank are limited. The exposures to foreign counterparties are large and warrant further research.