The physics of financial networks

M Bardoscia, P Barucca, S Battiston, F Caccioli… - Nature Reviews …, 2021 - nature.com
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 …

Strategic and operational management of organizational resilience: Current state of research and future directions

A Annarelli, F Nonino - Omega, 2016 - Elsevier
This article uses both a systematic literature search and co-citation analysis to investigate
the specific research domains of organizational resilience and its strategic and operational …

[图书][B] The social cost of carbon, risk, distribution, market failures: An alternative approach

N Stern, JE Stiglitz - 2021 - view.ckcest.cn
Designing policy for climate change requires analyses which integrate the interrelationship
between the economy and environment, including: the immense risks and impacts on …

[图书][B] Beyond GDP measuring what counts for economic and social performance: measuring what counts for economic and social performance

F Jean-Paul, D Martine - 2018 - books.google.com
Metrics matter for policy and policy matters for well-being. In this report, the co-chairs of the
OECD-hosted High Level Expert Group on the Measurement of Economic Performance and …

Where modern macroeconomics went wrong

JE Stiglitz - Oxford Review of Economic Policy, 2018 - academic.oup.com
This paper provides a critique of the DSGE models that have come to dominate
macroeconomics during the past quarter-century. It argues that at the heart of the failure …

Systemic risk in financial networks: A survey

MO Jackson, A Pernoud - Annual Review of Economics, 2021 - annualreviews.org
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 …

Complexity theory and financial regulation

S Battiston, JD Farmer, A Flache, D Garlaschelli… - Science, 2016 - science.org
Traditional economic theory could not explain, much less predict, the near collapse of the
financial system and its long-lasting effects on the global economy. Since the 2008 crisis …

Contagion in financial networks

P Glasserman, HP Young - Journal of Economic Literature, 2016 - aeaweb.org
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 …

Systemic risk and stability in financial networks

D Acemoglu, A Ozdaglar… - American Economic …, 2015 - aeaweb.org
This paper argues that the extent of financial contagion exhibits a form of phase transition:
as long as the magnitude of negative shocks affecting financial institutions are sufficiently …

[HTML][HTML] Debtrank: Too central to fail? financial networks, the fed and systemic risk

S Battiston, M Puliga, R Kaushik, P Tasca… - Scientific reports, 2012 - nature.com
Systemic risk, here meant as the risk of default of a large portion of the financial system,
depends on the network of financial exposures among institutions. However, there is no …