Financial distress and customer-supplier relationships
Y Lian - Journal of Corporate Finance, 2017 - Elsevier
Using a customer-supplier matched sample from 1980 to 2014, I study the role of customer-
supplier relationships on suppliers' financial distress. If a significant amount of a supplier's …
supplier relationships on suppliers' financial distress. If a significant amount of a supplier's …
The changing network of financial market linkages: The Asian experience
We investigate the changing integration of Asian financial markets within the global financial
network from 1995 to 2016, incorporating the direction of links between markets, the …
network from 1995 to 2016, incorporating the direction of links between markets, the …
Credit shock propagation along supply chains: Evidence from the CDS market
Using a panel of credit default swap (CDS) spreads and supply chain links, we observe that
both favorable and unfavorable credit shocks propagate through supply chains in the CDS …
both favorable and unfavorable credit shocks propagate through supply chains in the CDS …
Explainable artificial intelligence and economic panel data: A study on volatility spillover along the supply chains
T Berger - Finance Research Letters, 2023 - Elsevier
We provide an innovative application of explainable artificial intelligence to economic panel
data. We apply boosted trees in combination with Shapley values to achieve post-model …
data. We apply boosted trees in combination with Shapley values to achieve post-model …
Diamond cuts diamond: News co-mention momentum spillover prevails in China
We conduct a comprehensive study on momentum spillovers in the Chinese stock market
using various types of economic linkages, with particular attention to momentum spillover via …
using various types of economic linkages, with particular attention to momentum spillover via …
[BOOK][B] Quantum technology for economists
Research on quantum technology spans multiple disciplines: physics, computer science,
engineering, and mathematics. The objective of this chapter is to provide an accessible …
engineering, and mathematics. The objective of this chapter is to provide an accessible …
The bullwhip effect and credit default swap market: A study based on firm-specific bullwhip effect measure
This paper explores the financial implications of the bullwhip effect in the credit default swap
(CDS) market. Using firms' supply chain hierarchical positions to proxy for exposure to the …
(CDS) market. Using firms' supply chain hierarchical positions to proxy for exposure to the …
Network, market, and book-based systemic risk rankings
We investigate the information content of stock correlation based network measures for
systemic risk rankings, such as SIFIRank (based on Google's PageRank). Using European …
systemic risk rankings, such as SIFIRank (based on Google's PageRank). Using European …
Customer-base concentration and the transmission of idiosyncratic volatility along the vertical chain
This paper investigates the link between a firm's customer-base concentration and stock
return volatility. We find that firms with more concentrated customer bases have higher …
return volatility. We find that firms with more concentrated customer bases have higher …
Multiscale cross-sector tail credit risk spillovers in China: Evidence from EEMD-based VAR quantile analysis
L Hau, X Liu, X Wu - Research in International Business and Finance, 2025 - Elsevier
This paper employs EEMD-based VAR for VaR methodology to explore the spillovers of
credit risk across sectors in China, focusing on multiple time scales and tail effects. Analysis …
credit risk across sectors in China, focusing on multiple time scales and tail effects. Analysis …