should be nowadays replaced with a network-oriented view. Closer insight into the concept of systemic risk can refer to the … have disastrous effects and cause extreme damage as the number of network nodes goes to infinity. Strongly interconnected …

from observing the actions of peers. When the social belief is strong and the financial network is fragmented, banks follow … endogenously formed interbank networks, however, less informative signals lead to higher network density and less synchronization …

probable links with the largest exposures consistent with the total lending and borrowing of each bank, leading to networks …

Brunnermeier (2011) based on the CoVaR and find that size is a predictor of a bank contribution to systemic risk, but it is not the …

a network. In establishing existence and uniqueness of such a flow function, we address a know problem of indeterminacy … for the emergence of possible indeterminacies. We then apply some properties of network flows to investigate the relation … between the structures of a financial network-i.e. the size and the pattern of obligations - and its exposure to default …

. Second, higher bank capital requirements may aggravate contagion since they may incentivise banks to hold similar assets, and …

We present a network model of the interbank market in which optimizing risk averse banks lend to each other and invest … interlinkages and fire sale externalities. The resulting network configuration exhibits a coreperiphery structure, dis …

interconnectedness, via a network of interbank loans, banks' loans to other corporate and retail clients, and securities holdings. The … supervisory data set collected by the European Central Bank that covers 26 large banks in the euro area. To assess the impact of … are reflected in a consistent way in the market value of banks' mutual liabilities through the network of obligations. We …

key terminology, we review models for leverage and endogenous risk dynamics. We then review the network aspects of …