This article presents an analysis of the literature on systemic financial risk. To that end, we
analyze and classify 266 articles that were published no later than September 2016 in the …

Abstract The Great Recession seems to be a natural experiment for economic analysis, in
that it has shown the inadequacy of the predominant theoretical framework-the New …

We employ a complex network approach to dig out the influential Chinese energy stocks in
this paper. We first use the 5-min high-frequency data of the Chinese energy stocks over the …

We develop a macroeconomic agent-based model that consists of firms, banks, unions and
households who interact on labour, goods, credit and interbank markets. The model …

This paper aims to shed light on the emergence of systemic risk in credit systems. By
develo** an interbank market with heterogeneous financial institutions granting loans on …

The study of random graphs has become very popular for real-life network modeling, such
as social networks or financial networks. Inhomogeneous long-range percolation (or scale …

In this paper we investigate the economic impact of bank reactions to firm financial
delinquency. In case of firm liquidity shortage, indeed, the bank commonly proposes two …

In this paper we characterize the evolution over time of a credit network in the most general
terms as a system of interacting banks and firms operating in a three-sector economy with …

As the global economy continues to integrate, COVID-19 is affecting businesses around the
world, causing the financial system to become more complicated. The complicated …

A low-carbon transition requires changes in the energy structure that may affect the financial
system. However, little theoretical and empirical evidence has been produced regarding the …