Tabak, Benjamin M.; Takami, Marcelo Yoshio; Rocha, J. M. C. - Central Bank of Brazil, Research Department - 2011
Recent literature has focused on the study of systemic risk in complex networks. It is clear now, after the crisis of 2008, that the aggregate behavior of the interaction among agents is not straightforward and it is very difficult to predict. Contributing to this debate, this paper shows that...