Feng, Xiaobing; Jo, Woo Seong; Kim, Beom Jun - In: Physica A: Statistical Mechanics and its Applications 403 (2014) C, pp. 120-129
The weighted and directed network of countries based on the number of overseas banks is analyzed in terms of its fragility to the banking crisis of one country. We use two different models to describe transmission of shocks, one local and the other global. Depending on the original source of the...