Sources

Thanks you Professor Feinstein for your generous help in this project.

Thank you Professor Trobaugh for you help as well

Original model design is from John Fouque and Li-Hsien Sun at UCSB.

Model Extension from undergraduate group at UCSB.

Bibliography

  1. Fouque, Jean-Pierre, and Li-Hsien Sun. “Systemic risk illustrated.” Handbook on Systemic Risk (2013): 444-452.
  2. Bullard, James, Christopher J. Neely, and David C. Wheelock. “Systemic risk and the financial crisis: a primer.” Federal Reserve Bank of St. Louis Review 91.5 Part 1 (2009): 403-18.
  3. Brunnermeier, Markus K., et al. “Modeling and measuring systemic risk.” (2010).