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 analyze the effects on financial stability of the interplay between climate transition risk
and market conditions, such as recovery rate and asset price volatility. To this end, we …

We study the impact of the interplay between the structure of the financial network and
market conditions on financial stability in the European banking system. We capture two …

The complex web of exposures and interlinkages across the financial system highlights the
relevance of network analysis in understanding systemic risk and guiding the design of …

We review heterogeneous agent models of financial stability and their application in stress
tests. In contrast to the mainstream approach, which relies heavily on the rational …

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 …

We propose a structural framework for the development of system-wide financial stress tests
with multiple interacting contagion, amplification channels and heterogeneous financial …

This paper provides a first step in developing a system-wide stress simulation. The model
incorporates several important features of the financial system. These include several types …

This textbook is an introduction to economic networks, intended for students and
researchers in the fields of economics and applied mathematics. The textbook emphasizes …

Macroprudential stress testing (MaPST) is becoming firmly embedded in the post-crisis
policy-frameworks of financial-sectors around the world. MaPSTs can offer quantitative …