Complex financial networks and systemic risk: a review

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

[img] PDF - Repository staff only - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
Download (302kB)


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.

Item Type: Book Section
Schools/Departments: University of Nottingham UK Campus > Faculty of Social Sciences > School of Economics
Identification Number:
Depositing User: Kesaite, Viktorija
Date Deposited: 11 Sep 2015 08:11
Last Modified: 13 Sep 2016 22:15

Actions (Archive Staff Only)

Edit View Edit View