Complex financial networks and systemic risk: a review

In this paper we review recent advances in financial economics in relation to the measurement of systemic risk. We start by reviewing studies that apply traditional measures of risk to financial institutions. However, the main focus of the review is on studies that use network analysis paying specia...

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Main Authors: Bougheas, Spiros, Kirman, Alan
Other Authors: Commendatore, Pasquale
Format: Book Section
Published: Springer International Publishing 2015
Online Access:https://eprints.nottingham.ac.uk/29905/
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author Bougheas, Spiros
Kirman, Alan
author2 Commendatore, Pasquale
author_facet Commendatore, Pasquale
Bougheas, Spiros
Kirman, Alan
author_sort Bougheas, Spiros
building Nottingham Research Data Repository
collection Online Access
description In this paper we review recent advances in financial economics in relation to the measurement of systemic risk. We start by reviewing studies that apply traditional measures of risk to financial institutions. However, the main focus of the review is on studies that use network analysis paying special attention to those that apply complex analysis techniques. Applications of these techniques for the analysis and pricing of systemic risk has already provided significant benefits at least at the conceptual level but it also looks very promising from a practical point of view.
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format Book Section
id nottingham-29905
institution University of Nottingham Malaysia Campus
institution_category Local University
last_indexed 2025-11-14T19:07:17Z
publishDate 2015
publisher Springer International Publishing
recordtype eprints
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spelling nottingham-299052020-05-04T16:59:57Z https://eprints.nottingham.ac.uk/29905/ Complex financial networks and systemic risk: a review Bougheas, Spiros Kirman, Alan In this paper we review recent advances in financial economics in relation to the measurement of systemic risk. We start by reviewing studies that apply traditional measures of risk to financial institutions. However, the main focus of the review is on studies that use network analysis paying special attention to those that apply complex analysis techniques. Applications of these techniques for the analysis and pricing of systemic risk has already provided significant benefits at least at the conceptual level but it also looks very promising from a practical point of view. Springer International Publishing Commendatore, Pasquale Kayam, Saime Kubin, Ingrid 2015-01-29 Book Section PeerReviewed Bougheas, Spiros and Kirman, Alan (2015) Complex financial networks and systemic risk: a review. In: Complexity and Geographical Economics: Topics and Tools. Dynamic modeling and econometrics in economics and finance (19). Springer International Publishing, Cham, pp. 115-139. ISBN 9783319128047 http://link.springer.com/chapter/10.1007%2F978-3-319-12805-4_6 doi:10.1007/978-3-319-12805-4_6 doi:10.1007/978-3-319-12805-4_6
spellingShingle Bougheas, Spiros
Kirman, Alan
Complex financial networks and systemic risk: a review
title Complex financial networks and systemic risk: a review
title_full Complex financial networks and systemic risk: a review
title_fullStr Complex financial networks and systemic risk: a review
title_full_unstemmed Complex financial networks and systemic risk: a review
title_short Complex financial networks and systemic risk: a review
title_sort complex financial networks and systemic risk: a review
url https://eprints.nottingham.ac.uk/29905/
https://eprints.nottingham.ac.uk/29905/
https://eprints.nottingham.ac.uk/29905/