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

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

The recent financial crisis and the difficulty of using mainstream macroeconomic models to accurately monitor and assess systemic risk have stimulated new analy

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