We propose new measures to characterize dynamic network connections in large financial and economic systems. In doing … so, our measures allow one to describe and understand causal network structures that evolve throughout time and over … researchers and practitioners to examine network connections over any horizon of interest whilst also being applicable to a wide …

loading functions. This model captures common movements of stock excess returns and includes a two-layer network of arbitrage … dynamic network structure of arbitrage returns through groups of some characteristics …

. Stocks with high sensitivities to dynamic network risk earn lower returns. We rationalize our finding with economic theory …This paper examines the pricing of short-term and long-term dynamic network risk in the cross-section of stock returns … that allows the stochastic discount factor to load on network risk through the precautionary savings channel. A one …

the network. Together, these changes that networks undergo around news events suggest that larger dealer networks create a …

Proof-of-Stake consensus algorithm solves major drawbacks of PoW blockchain network including high energy consumption … economic framework for PoS blockchain network based on staking pool optimization problem and evaluate stake concentration in … the network. We prove that stake concentration is encouraged in a finite staking pool PoS blockchain network, but …