We develop a framework to analyse the credit default swap (CDS) market as a network of
risk transfers among counterparties. From a theoretical perspective, we introduce the notion …

Financial networks are an important source of systemic risk, but often only partial network
information is available. In this paper, we use data on bank-firm credit relationships in Japan …

This paper examines the rise and competitive impact of industry-specialized small business
lenders. Using loan-level data with detailed industry codes from the Small Business …

This paper examines the link between bank liquidity and exposure to industry-level shocks.
Using a unique dataset of borrower industry affiliations, we propose a new measure of …

I study the role of collateral on small business credit access in the aftermath of the 2008
financial crisis. I construct a novel, loan-level dataset covering all collateralized small …

We investigate the structural dependencies in the bank-firm credit market of Spain in the
year 2007 under a multilayer network perspective. In particular, we decompose the original …

One way to measure the impact of our field of research on finance is to analyse the adoption
of evolutionary machine learning in the finance literature. In this study, we focus on articles …

The worldwide financial crisis (WFC) of 2007–09 has shown the importance of cross-
sectional dependencies of assets, credit exposures and volatility, which can threaten …

This paper studies the link between banks' geographic specialization and the growth in their
mortgage lending. Specialized banks increase their lending relatively less during the boom …

The paper discusses the multi-level portfolio selection problem, which combines hierarchical
optimisation of credit portfolio, incorporating regulatory and capital constraints, in the context …