Understanding Bank Runs

An analysis of social networks and minute-by-minute customer transactions during a run on an Indian bank has found that bank runs can spread through a community like a contagion.

Duke University finance professor Manju Puri and co-author Rajkamal Iyer of the University of Amsterdam assembled a unique data set on the bank run and then employed epidemiological techniques to determine connections between bank depositors, using Google Earth to map the locations of their home addresses.

Category:

Education

Tags:

• Duke
• Fuqua
• School
• of
• Business
• Bank
• Run
• Finance
• Deposit
• Contagion
• Google
• Withdrawal