A survey of network-based analysis and systemic risk measurement

AR Neveu - Journal of Economic Interaction and Coordination, 2018 - Springer
The financial crisis led to a number of new systemic risk measures and a renewed concern
over the risk of contagion. This paper surveys the systemic risk literature with a focus on the …

To bail-out or to bail-in? Answers from an agent-based model

P Klimek, S Poledna, JD Farmer, S Thurner - Journal of Economic …, 2015 - Elsevier
Since the beginning of the 2008 financial crisis almost half a trillion euros have been spent
to financially assist EU member states in taxpayer-funded bail-outs. These crisis resolutions …

Measuring interconnectedness between financial institutions with Bayesian time-varying vector autoregressions

MV Geraci, JY Gnabo - Journal of Financial and Quantitative …, 2018 - cambridge.org
We propose a market-based framework that exploits time-varying parameter vector
autoregressions to estimate the dynamic network of financial spillover effects. We apply it to …

[LIVRE][B] Agent-based model of system-wide implications of funding risk

G Hałaj - 2018 - econstor.eu
Liquidity has its systemic aspect that is frequently neglected in research and risk
management applications. We build a model that focuses on systemic aspects of liquidity …

Network analysis and calibration of the “leveraged network-based financial accelerator”

L Bargigli, M Gallegati, L Riccetti, A Russo - Journal of Economic Behavior …, 2014 - Elsevier
In this paper we analyze the network structure that endogenously emerges in the credit
market of the agent-based model of Riccetti et al.(2011), where two kinds of financial …

System-wide implications of funding risk

G Hałaj - Physica A: Statistical Mechanics and its Applications, 2018 - Elsevier
Funding risk has a systemic aspect that is frequently neglected in research and risk
management applications. We build a model that focuses on systemic consequences of …

[HTML][HTML] Fair immunization and network topology of complex financial ecosystems

S Giansante, S Manfredi, S Markose - Physica A: Statistical Mechanics and …, 2023 - Elsevier
The aftermath of the recent financial crisis has shown how expensive and unfair the
stabilization of financial ecosystems can be. The main cause is the level of complexity of …

[PDF][PDF] An empirical study of liquidity risk embedded in banks' asset liability mismatches

G Marozva - Unpublished PhD dissertation. University of South …, 2017 - core.ac.uk
The correct measure and definition of liquidity in finance literature remains an unresolved
empirical issue. The main objective of the present study was to develop, validate and test the …

[PDF][PDF] Foundations for economic analysis: the architecture of socioeconomic complexity

B Markey-Towler - 2017 - core.ac.uk
In this work we develop a general theoretical system for economic analysis. We do so by
building a model of the economy as an evolving network formed by the behaviour of …

Liquidity spillover in cryptocurrency markets

Z Ren - Financial Engineering and Risk Management, 2023 - clausiuspress.com
This study will investigate the liquidity spillover effects of five cryptocurrencies: Bitcoin, Ether,
Binance-coin, Ripple, and Tether. Firstly, the researcher utilizes the Amihud illiquidity ratio to …