“...Systemic risk, here meant as the risk of default of a large portion of the financial system, depends on the network of financial exposures among institutions...”

“...Abstract Over the last decades, both advanced and emerging economies have experienced the emergence of the phenomenon known as financialization, that, until...”

“...The recent crisis has brought to the fore a crucial question that remains still open: what would be the optimal architecture of financial systems? We...”

“...The science of networks represented a substantial change in the way we see natural and technological phenomena. Now we understand that networks are in most of...”

“...The structure of the control network of transnational corporations affects global market competition and financial stability. So far, only small national...”

“...We introduce a general model for the balance‐sheet consistent valuation of interbank claims within an interconnected financial system. Our model represents an...”

“...The intrinsic complexity of the financial derivatives market has emerged as both an incentive to engage in it, and a key source of its inherent instability...”

“...We investigate how the financial fragility in the real economy is affected by the average level of interdependence among agents across different regions of the...”

“...We present a simple model of a production network in which firms are linked by supplier–customer relationships involving extension of trade–credit. Our aim is...”