Systemic risk assessment through high order clustering coefficient

HIGHLIGHTS

  • who: Cross-border banking and colleagues from the University of Macerata, Department of Economics and LawVia Crescimbeni, Macerata, Italy have published the research work: Systemic risk assessment through high order clustering coefficient, in the Journal: (JOURNAL)
  • what: The authors propose a novel measure of systemic risk in the context of financial networks. To this aim the authors provide a definition of systemic risk which is based on the structure developed at different levels of clustered neighbours around the nodes of the network. Data naturally induce a core-periphery network and then the authors focus . . .

     

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