Money-center structures in dynamic banking systems
School of Economics and Management, Southeast
Received in final form: 29 July 2016
Published online: 19 October 2016
In this paper, we propose a dynamic model for banking systems based on the description of balance sheets. It generates some features identified through empirical analysis. Through simulation analysis of the model, we find that banking systems have the feature of money-center structures, that bank asset distributions are power-law distributions, and that contract size distributions are log-normal distributions.
Key words: Statistical and Nonlinear Physics
© EDP Sciences, Società Italiana di Fisica, Springer-Verlag, 2016