What is the most appropriate combination of fiscal and monetary policies in economies
subject to banking crises and deep recessions? We study this issue using an agent-based …

An analysis of the Japanese credit market in 2004 between banks and quoted firms is done
in this paper using the tools of the networks theory. It can be pointed out that:(i) a backbone …

We present here an overview of the use of networks in Finance and Economics. We show
how this approach enables us to address important questions as, for example, the structure …

We investigate how the financial fragility in the real economy is affected by the average level
of interdependence among agents across different regions of the economy. To this end, we …

We consider a dynamic model of network formation where agents form and sever links
based on the centrality of their potential partners. We show that the existence of capacity …

Conventional modelling of networks evolving in time focuses on capturing variations in the
network structure. However, the network might be static from the origin or experience only …

In order to understand the different characteristics observed in real-world networks, one
needs to analyze how and why networks form, the impact of network structure on agents' …

The accelerating accumulation and risk concentration of Chinese local financing platforms
debts have attracted wide attention throughout the world. Due to the network of financial …

After the outbreak of the financial crisis in 2007-2008 the level of non-performing loans
(NPLs) in the economy has generally increased. However, while in some countries this has …

A nation's competitive advantage hinges on the capacity of its economy to innovate and the
efficiency of its efforts in research and development (R&D)(Porter, 1990). High wage …