We investigate the information content of stock correlation based network measures for systemic risk rankings, such as … ranking based on average pairwise stock correlations. Next, we find that correlation based network measures still appear to … more subtle network relations and feedback loops. …

Longitudinal network data are increasingly available, allowing researchers to model how networks evolve over time and …

Standard spatial time-series models for financial networks can fail substantially in uncovering empirical network and … patterns that would go unnoticed otherwise in currently available homogeneous and/or static spatial financial network models. …

Recent empirical evidence suggests that financial networks exhibit a core periphery network structure. This paper aims … at giving an economic explanation for the emergence of such a structure using network formation theory. Focusing on … intermediation benefits, we find that a core periphery network cannot be unilaterally stable when agents are homogeneous. The best …

Diamond-Dybvig model cast in a global games framework, we show that while the CoCo conversion of the issuing bank may bring … the bank back into compliance with capital requirements, it will nevertheless raise the probability of the bank being run …

We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution. Knowledge diffusion through a Small World network produces an extraordinary diversity of individual growth …

knowledge production, where collaboration between researchers is represented by a bipartite network. The equilibrium of the game … analyzing the coauthorship network of economists registered in the RePEc Author Service. …

In this paper, we connect the social network theory on centrality measures to the economic theory of preferences and … different networks. The famous degree measure assigns to every position in a weighted network the sum of the weights of all … links with its neighbours. A crucial property of a preference relation over network positions is neutrality to ordinary risk …