As the total value of the global financial market outgrew the value of the real economy,
financial institutions created a global web of interactions that embodies systemic risks …

We provide a survey of 31 quantitative measures of systemic risk in the economics and
finance literature, chosen to span key themes and issues in systemic risk measurement and …

Financial systemic risk is an important issue in economics and financial systems. Trying to
detect and respond to systemic risk with growing amounts of data produced in financial …

The recent financial crisis has prompted much new research on the interconnectedness of
the modern financial system and the extent to which it contributes to systemic fragility …

We review the extensive literature on systemic risk and connect it to the current regulatory
debate. While we take stock of the achievements of this rapidly growing field, we identify a …

This paper argues that the extent of financial contagion exhibits a form of phase transition:
as long as the magnitude of negative shocks affecting financial institutions are sufficiently …

We survey the literature on the economic consequences of the structure of social networks.
We develop a taxonomy of “macro” and “micro” characteristics of social-interaction networks …

The recent global financial crisis has induced a series of failure of many conventional banks
and led to an increased interest in the Islamic banking business model. This paper attempts …

This research is aimed to investigate the determinants of financial distress of insurance
companies in Ethiopia using balanced panel data from eleven insurance companies for the …

This paper develops a network model of interbank lending in which unsecured claims, repo
activity and shocks to the haircuts applied to collateral assume centre stage. We show how …