Evolution of the Global Financial Network and Contagion: A New Approach

Evolution of the Global Financial Network and Contagion: A New Approach
This paper studies the interconnectedness of the global financial system and its susceptibility to shocks. A novel multilayer network framework is applied to link debt and equity exposures across countries. Use of this approach—that examines simultaneously multiple channels of transmission and their important higher order effects—shows that... READ MORE...

Publication date: May 2018
ISBN 9781484353240
$18.00

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