Network Models and Financial Stability

By E. Nier, Jing Yang, Tanju Yorulmazer, A. Alentorn. 2007

980 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/e75c3c1de3fd31f2bdd006a1f9d26a3d75854f71

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Citations in the corpus

An empirical study of the Mexican banking system’s network and its implications for systemic risk (2012, neutral): “Simulation of financial networks has been also applied to study contagion, as in Nier et al. (2007) and Gai and Kapadia (2010).”
Default Contagion in Financial Networks (2016, methodology): “, [6] and [5], where the authors consider each node, namely each bank, with a simplified balance sheet summarizing related financial conditions.”
Business fluctuations and bankruptcy avalanches in an evolving network economy (2009, background): “A growing literature has recently developed on the network analysis of the interbank market; see, for instance, Allen and Gale (200); Freixas et al. (2000); Furfine (2003); Iori et al. (2006); Nier et al. (2007).”
Failure and Rescue in an Interbank Network (2013, neutral): “Perotti and Suarez (2002) consider the possibility of solvent banks taking over distressed banks and further show how this can stabilize the financial system. More recent approaches to optimal resolution of bank failures are provided in Acharya and Yorulmazer (2007) and Acharya and Yorulmazer (2008)”
A Network Analysis of Global Banking:1978-2009 (2011, positive): “Third, we focus not only on the presence or absence of bilateral relationships (i.e., the binary network), but extend the analysis to a weighted approach by 2 For recent contributions, see, Nier et al. (2007), Alessandri et al. (2009), and Cechetti et al. (2010).”
The financial accelerator in an evolving credit network (2010, background): “A nonnegligible and growing literature has developed from these premises on the network of the interbank market (Freixas et al., 2000; Furfine, 2003; Boss et al., 2004; Iori et al., 2006; Nier et al., 2007).”
Systemic Risk and Stability in Financial Networks (2015, background): “6 Other related contributions include Rochet and Tirole (1996); Cifuentes, Ferrucci, and Shin (2005); Leitner (2005); Nier et al. (2007); Rotemberg (2011); Zawadowski (2011); Battiston et al. (2012); Gofman (2011, 2014); Caballero and Simsek (2013); Georg (2013); Cohen-Cole, Patacchini, and Zenou…”
Contagion and risk-sharing on the inter-bank market (2013, methodology): “19For example: Boss et al. (2004), Upper and Worms (2004), Nier et al. (2007), Gai and Kapadia (2010) Vivier-Lirimont (2006) and Allen and Gale (2001). banks in a cascade.577 In an analysis using Austrian data, Elsinger et al. (2006) show that systemic failures578 from the collapse of a single bank…”
The Effect of the Interbank Network Structure on Contagion and Common Shocks (2013, neutral): “Nier et al. (2008) describe the banking system as a random graph where the network structure is determined by the number of nodes (banks) and the probability that two nodes are connected.”
Mapping the UK interbank system. (2014, background): “However, these theories do not explain our other key finding: that core-periphery fitness varies substantially by instrument, especially between exposure and funding networks (Section 4.3).”