Systemic Impact of Banks with and without a Systemic Risk Tax (IMAGE)

International Institute for Applied Systems Analysis

Systemic Impact of Banks with and without a Systemic Risk Tax

Caption

This graph shows the distribution of the systemic impact of banks in the simulated network, with no tax (red), a Tobin-like tax (blue) and the SRT (green). The systemic impact of a bank is a measure of the total value of the equity lost in a bankruptcy cascade caused by the failure of that bank

Credit

©Leduc & Thurner, 2017

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