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Open Access

Peer-reviewed

Research Article

Inside Money, Procyclical Leverage, and Banking Catastrophes

  • Charles D. Brummitt ,

    brummitt@gmail.com

    Affiliations Department of Mathematics, University of California Davis, Davis, California, United States of America, Complexity Sciences Center, University of California Davis, Davis, California, United States of America

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  • Rajiv Sethi,

    Affiliations Department of Economics, Barnard College, Columbia University, New York, New York, United States of America, Santa Fe Institute, Santa Fe, New Mexico, United States of America

    ⨯
  • Duncan J. Watts

    Affiliation Microsoft Research, New York, New York, United States of America

    ⨯

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