This paper uses a toy financial system to study systemic risk in scale-free interbank networks. Networks are produced … for interbank networks are designed in a way to reproduce the frequently documented features of disassortative behavior …

for the contagion after default of one unit (i.e. number of expected subsequent defaults, or their probabilities). For …

from bankruptcy costs, contrary to what happens with equity holders whose capital is wiped-out if the bank fails. …

over a sample of random benchmark networks with known communities. To overcome the limitation of existing benchmarks, the … likelihood of intracommunity default contagion is expected to be high. …

In this paper we investigate the contagion effect between stock markets of U.S and sixteen OECD countries due to Global …-2009). In order to recognize the contagion effect, we test whether the mean of the DCC coefficients in crisis period differs … OECD stock markets under study during the crisis period for most of the countries. This proves the existence of contagion …

This paper employs an Extreme Value Theory framework to investigate the existence of contagion between European and US … finding market-based indicators in order to analyze the effects of crises and to quantify the risk of contagion. The Distance … coexceedances allows to interpret significant coefficients of foreign lagged coexceedances as contagion. The main finding is that …

seems that few scholars have discussed the relationship between social networks and the Boltzmann-Gibbs distribution … popular empirical network structures such as small world networks and scale-free networks. In addition, our simulation results …