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network of large European banks. This multiplex network presents positive correlated multiplexity and a high similarity … banks to illustrate that both the methodology and the specific level of network aggregation matter in the determination of …
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This paper studies how transport infrastructure investments affect a bidding war for a firm between two asymmetric countries within a region in a context of imperfect competition, where transport infrastructure investments play the role of a global public good, leading to a reduction in the unit...
Persistent link: https://www.econbiz.de/10011723862
We examine the relationship between road quality and regional favouritism in Sub-Saharan Africa. Roads are an important public good in Africa, not only because of their positive impact on economic development but also because they are a major focus of central government spending. Using data from...
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In this paper we present a new approach to analyse the interconnectedness between a macro-level network and a local …-level network. Our methodology is developed on the Diebold and Yilmaz connectedness measure and it considers the presence of … entities within a global network which can influence other entities within their own local network but are not relevant enough …
Persistent link: https://www.econbiz.de/10012603304
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 …
Persistent link: https://www.econbiz.de/10012162697