In this paper, Granger causalities of stock markets of 20 different countries are estimated
from Aug 2019 to Mar 2020. Also, the complex network for global stock markets is …

Research on interbank networks and systemic importance is starting to recognise that the
web of exposures linking banks' balance sheets is more complex than the single-layer-of …

The banking system is highly interconnected and these connections can be conveniently
represented as an interbank network. This survey presents a systematic overview of the …

We present a network model of the interbank market in which optimizing risk averse banks
lend to each other and invest in non-liquid assets. Market clearing takes place through a …

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 …

From the perspective of volatility spillover, this paper investigates systemic importance and
its influential factors of Chinese financial institutions by complex network modeling method …

Following the popularity of the concepts of “too big to fail” and “too connected to fail” after the
global financial crisis, the concept of “too central to fail” has garnered considerable attention …

The analyses of intersectoral linkages of Leontief [The Structure of the American Economy:
1919–1929, 1941] and Hirschman [The Strategy of Economic Development, 1958] provide a …

Financial contagion among countries can arise from different channels, the most important of
which are financial markets and bank lending. The paper aims to build an econometric …

We investigate the effect of portfolio diversification on banking systemic risk, where the
network effect is incorporated. We analyze three kinds of interbank networks, namely …