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markets across the globe, call for taking a “macro” view on the interconnections arising in the clearing network. Based on the … analysis of derivatives transactions data reported under the EMIR Regulation we reconstruct the network of relationships in the …-cleared derivatives network is modelled in the form of a multiplex network where each layer is represented by a derivatives asset class …
Persistent link: https://www.econbiz.de/10012844618
markets across the globe, call for taking a "macro" view on the interconnections arising in the clearing network. Based on the … analysis of derivatives transactions data reported under the EMIR Regulation we reconstruct the network of relationships in the …-cleared derivatives network is modelled in the form of a multiplex network where each layer is represented by a derivatives asset class …
Persistent link: https://www.econbiz.de/10012135903
This paper compares the ability of alternate performance measures to support investment selection in ten euro area stock markets. The performance ratios used in the paper are grouped in two main categories. One category comprises the performance ratios using risk measures which do not separate...
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While the enlargement of the Euro area to new countries has reduced the average return correlation among member countries, the financial crisis and the sovereign debt crisis have led to an increase in stock return correlation among old members. We find that EMU core countries portfolio...
Persistent link: https://www.econbiz.de/10013235331
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Analyzing the topological properties of the network of shareholding relationships among the Euro Area banks we evaluate … distribution of the European banking network displays power laws in both the binary and the weighted case. We also find that the …
Persistent link: https://www.econbiz.de/10011774283