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 …

The global financial system can be represented as a large complex network in which banks,
hedge funds and other financial institutions are interconnected to each other through visible …

Existing approaches to assess the economic impact of climate policies tend to overlook the
financial sector and to focus only on direct effects of policies on the specific institutional …

In this paper, we develop a multilayer network structure and reveal the relationship between
network structure and systemic risk. Unlike many previous studies, our model considers both …

Network models, stress testing methods and early warning systems are attracting growing
interest both among scholars and practitioners. In this short paper, we illustrate some of the …

We introduce a general model for the balance‐sheet consistent valuation of interbank claims
within an interconnected financial system. Our model represents an extension of clearing …

Since the dawn of Humanity, the progress machine tirelessly introduced tools and resources
that facilitated our everyday tasks. Over the years, new technologies have continually …

We quantify how much systemic risk can be eliminated in financial contract networks by
rearranging their network topology. By using mixed integer linear programming, financial …

We develop a new model for solvency contagion that can be used to quantify systemic risk in
stress tests of financial networks. In contrast to many existing models, it allows for the spread …

A genetic algorithm (GA) cannot always avoid premature convergence, and multi-population
is usually used to overcome this limitation by dividing the population into several sub …