I study the problem of regulating a network of interdependent financial institutions that is prone to contagion when …-improving interventions. While improving network transparency potentially reduces this uncertainty, it does not always lead to welfare …) susceptibility of the network to contagion, (ii) the cost of improving network transparency, (iii) the cost of regulating …

We present the first micro-level evidence of the transmission of shocks through financial networks. Using the network …

general equilibrium network model featuring endogenous leverage, endogenous asset prices, and endogenous network formation …

, individual-level network data, we measure a firm's social capital derived from employees' connections with external stakeholders …. Our directed network data allow for differentiating those connections that know the employee and those that the employee …