] Interconnectedness among financial institutions (banks) can play a major role in precipitating systemic financial crises. [2] Lack of … liquidating risky loans. Interconnectedness among their asset portfolios can obscure information about these portfolios, causing … interconnectedness. The optimal degree of regulation, which may depend on depositors’ degree of risk aversion, may not eliminate …

contrast, a bank’s interconnectedness is regarded as an indicator of its exposure to systemic risk. International interbank …

/ranking systemically important institutions and assessing interconnectedness. We develop a test of significance of Delta CoVaR that allows …

output shocks, i.e. consumption risk sharing. By contrast, banks' international interconnectedness spread the U.S. subprime … impact of banks' links to the non-bank sector in the rest-of-the-world on consumption risk sharing is negligible while strong …

This paper reviews tools used to identify and measure interconnectedness and raises the awareness of policymakers as to … potential cross-sectional implications of prudential tools aimed at controlling interconnectedness. The paper examines two sets … of tools—developed at the IMF and externally—to identify the implications of interconnectedness in systemic risk and how …

Financial institutions’ interconnectedness is a key component of systemic risk. However there is still no consensus on … strategies to measure interconnectedness: closeness of exposure distributions, identification of core-periphery structure and …