Systemic Risk and Complex Networks in Modern Financial Systems -- Systemic Risk and Network Science: A Bibliometric and Systematic Review -- A Holistic Journey into Systemic Risk: Theoretical Background, Transmission Channels and Policy Implication -- Macro-prudential Policies to Mitigate...

This paper considers the issue of forecasting financial fragility of banks and insurances using a panel data set of performance indicators, namely distance-to- default, taking unobserved common factors into account. We show that common factors are important in the performance of banks and...