Results 11 to 20 of about 10,294,418 (372)
The hyperbolic geometry of financial networks. [PDF]
Sci Rep, 2021 AbstractBased on data from the European banking stress tests of 2014, 2016 and the transparency exercise of 2018 we construct networks of European banks and demonstrate that the latent geometry of these financial networks can be well-represented by geometry of negative curvature, i.e., by hyperbolic geometry.
Keller-Ressel M, Nargang S.
europepmc +9 more sources
Contagion in Financial Networks [PDF]
SSRN Electronic Journal, 2007 This paper develops an analytical model of contagion in financial networks with arbitrary structure. We explore how the probability and potential impact of contagion is influenced by aggregate and idiosyncratic shocks, changes in network structure and asset market liquidity.
Gai, Prasanna, Kapadia, Sujit
openaire +3 more sources
Digital currencies in financial networks [PDF]
Journal of Financial Stability, 2020 We introduce a central bank digital currency (CBDC) in the network of financial accounts. Simulating a shift of deposits by both households and non-financial corporations from the banking sector to the central bank, we model the different responses of the affected institutional sectors.
Olli Castrén +2 more
openaire +6 more sources
The Formation of Financial Networks [PDF]
The RAND Journal of Economics, 2007 Modern banking systems are highly interconnected. Despite their various benefits, the linkages that exist between banks carry the risk of contagion. In this paper we investigate how banks decide on direct balance sheet linkages and the implications for ...
Ana Babus
core +6 more sources
Quantum computing reduces systemic risk in financial networks. [PDF]
Sci Rep, 2023 In highly connected financial networks, the failure of a single institution can cascade into additional bank failures. This systemic risk can be mitigated by adjusting the loans, holding shares, and other liabilities connecting institutions in a way that
Aboussalah AM, Chi C, Lee CG.
europepmc +2 more sources
Strategic Payments in Financial Networks [PDF]
CoRR, 2019 In their seminal work on systemic risk in financial markets, Eisenberg and Noe [Larry Eisenberg and Thomas Noe, 2001] proposed and studied a model with n firms embedded into a network of debt relations.
Bertschinger, Nils +2 more
core +5 more sources
Partial correlation financial networks
Applied Network Science, 2020 Correlation networks have been a popular way of inferring a financial network due to the simplicity of construction and the ease of interpretability. However two variables which share a common cause can be correlated, leading to the inference of spurious
Tristan Millington, Mahesan Niranjan
doaj +2 more sources
Social dynamics of financial networks [PDF]
EPJ Data Science, 2018 Recurrent interactions between agents play an essential role in the organization of a dynamic complex system. While intensive researches have been done on social systems formed by human interactions, dynamical rules are not well understood in economic ...
Teruyoshi Kobayashi, Taro Takaguchi
doaj +3 more sources
Complexity, 2018 We would like to thank all the authors who contributed to this special issue. We would also like to thank our expert reviewers, who provided vital constructive feedback during the review process. Thiago Christiano Silva and Benjamin M. Tabak gratefully acknowledge financial support received from the CNPq foundation (Grants nos. 302808/2015-9 and 305427/
Benjamin Miranda Tabak +2 more
doaj +3 more sources
K-core robustness in ecological and financial networks. [PDF]
Sci Rep, 2020 In many real-world networks, the ability to withstand targeted or global attacks; extinctions; or shocks is vital to the survival of the network itself, and of dependent structures such as economies (for financial networks) or even the planet (for ...
Burleson-Lesser K +3 more
europepmc +2 more sources