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The Chinese stock market crash in June 2015 has demonstrated necessary to improve understanding of systemic risk from the perspective of financial network. This study constructs a tail risk network to present overall systemic risk of Chinese financial institutions, given the macroeconomic and...
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China’s banking system has seen increasing convergence in exposures to different asset types. These concentrated …, we construct a bipartite financial network and design novel indicators to analyze the systemic risk of China’s banking … the most significant source of systemic vulnerability in China; (3) the derived contagion network shows the property of …
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