We provide an overview of the relationship between financial networks and systemic risk.
We present a taxonomy of different types of systemic risk, differentiating between direct …

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 …

As the reallocator of liquidity from banks with excess to banks with a deficit, the interbank
money market (IMM) plays a fundamental role in the proper functioning of the banking …

Capturing financial network linkages and contagion in stress test models are important goals
for banking supervisors and central banks responsible for micro-and macroprudential policy …

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 …

The regulation of large interconnected financial institutions has become a key policy issue.
To improve financial stability, regulators have proposed limiting banks' size and …

We empirically investigate the effect that relationship lending has on the availability and
pricing of interbank liquidity. Our analysis is based on a daily panel of unsecured overnight …

Core-periphery trading networks arise endogenously in over-the-counter markets as an
equilibrium balance between trade competition and inventory efficiency. A small number of …

In recent years, the issue of resilience of financial systems has occupied center stage in both
theoretical and applied research (Allen and Babus 2008; Hasman 2012). After the events …

The elevated interconnectedness of the global financial system has resulted in an increased
frequency of financial crises, characterized by the swift transmission of turmoil between …