The recent global financial crisis has triggered a huge interest in the use of network concepts and network tools to … privileged positions in the interbank network, such as via preferential lending relationships, or because of occupying a more … review is dedicated to the analysis of indirect networks, specifically (e) proximity based network, i.e. networks obtained …

The topography of China's financial network is unique. Is it also uniquely robust to contagion? We explore this … question using network theory. We find that networks that are more concentrated are less fragile when connectivity is low … decentralized network. We implement Chinese characteristics into our model and simulate it numerically. The simulations show, that …

We model contagions and cascades of failures among organizations linked through a network of financial … interdependencies. We identify how the network propagates discontinuous changes in asset values triggered by failures (e … diversification connect the network which permits cascades to propagate further, but eventually, more diversification makes contagion …

This paper examines the link between bank competition measures and risk indicators using quarterly interbank exposures … competition and individual bank solvency risk. In this paper, we take one step forward in analyzing the relationship between … competition and systemic risk. We use counterfactual bank-level contagion risk indicators as a proxy of systemic risk to assess …