Stability of the banking system and macro-prudential regulation are essential for healthy economic growth. In this paper we study the European bank network and its vulnerability to stressing differ- ent bank assets. The importance of macro-prudential policy is emphasized by the inherent...

This paper examines how negative shocks due to, for example, natural disasters, propagate through supply chains, applying a simulation technique to actual data on supply chains of Japanese firms. We obtained the five results. (1) Network structures severely affect the speed of propagation in the...

Social and economic networks can be a channel of negative shocks and thus deteriorate resilience and sustainability of our society. This study focuses on supply chains, or supplier--customer networks of firms and examines how production losses caused by natural disasters propagate to and persist...

This study shows how import and export shocks propagate through domestic supply chains by using actual Japanese supply chain data and a world input-output table based on firm-level agent-based simulations. We propose three different models to connect the domestic firm-level supply chain to the...

Recently, global supply chains are often disrupted because of trade policies and natural disasters. This study simulates the effect of disruption of imports from and exports to various regions on the total production of Japanese firms, incorporating propagation of the economic effect through...