This volume presents a unified mathematical framework for the transmission channels for damaging shocks that can lead to instability in financial systems. As th

This paper presents a novel approach to investigate and model the network of euro area banks’ large exposures within the global banking system. Drawing on a u

The analysis of interconnectedness and contagion is an important part of the financial stability and risk assessment of a country’s financial system. This pap

The Handbook on Systemic Risk, written by experts in the field, provides researchers with an introduction to the multifaceted aspects of systemic risks facing t

We propose a framework to link empirical models of systemic risk to theoretical network/ general equilibrium models used to understand the channels of transmiss