منابع مشابه
Financial networks
This special issue on Financial Networks consists of a selected collection of eight stateof-the-art papers advancing the frontiers of financial network modeling, analysis, and computations from both theoretical and empirical perspectives by authors from academia and financial services firms who responded to a call for papers in this journal. The growing resurgent interest in this topic is motiv...
متن کاملFinancial predictions based on bootstrap-neural networks
In this paper neural netw orks are applied to nancial data in order to predict the daily price of the nancial index LIFFE. Our atten tion is focused on the choice of the exogeneous variables and on the training of the netw ork itself. The rst problem is solved by using the pre-whitening method that provides information on which variables are the most relevan t for our prediction. The latter pro...
متن کاملOn global stability of financial networks
Recent crisis in the global financial world has generated renewed interests in fragilities of global financial networks among economists and regulatory authorities. In particular, a potential vulnerability of the financial networks is the ‘financial contagion’ process in which insolvencies of individual entities propagate through the ‘web of dependencies’ to affect the entire system. In this pa...
متن کاملA Stock Market Filtering Model Based on Minimum Spanning Tree in Financial Networks
There have been several efforts in the literature to extract as much information as possible from the financial networks. Most of the research has been concerned about the hierarchical structures, clustering, topology and also the behavior of the market network; but not a notable work on the network filtration exists. This paper proposes a stock market filtering model using the correlation - ba...
متن کاملFinancial Intermediation Networks∗
We study a dynamic model of financial intermediation in which interbank lending is subject to moral hazard, where intermediaries can divert funds towards inefficient projects. We show that despite the presence of moral hazard, secured lending contracts can discipline the investment choices of all market participants — even those with whom they are not directly contracting — thus partially overc...
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ژورنال
عنوان ژورنال: The European Journal of Finance
سال: 2020
ISSN: 1351-847X,1466-4364
DOI: 10.1080/1351847x.2020.1835686