所属栏目:银行与金融机构/风险管理

DOI号:10.1016/j.econlet.2024.111887

Risk amplification effect of multilayer financial networks: Feedback mechanism or cyclic structure?
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发布日期:2024年10月01日 上次修订日期:2024年10月01日

摘要

This paper analyzes the amplification characteristics of risk propagation in multi-layer financial networks from the perspective of network topologies. The research finds that, even without feedback pathways, cross-layer links alone can lead to more severe risk contagion than in single-layer networks. More importantly, with increasing connectivity, the formation of cyclic structures in multi-layer networks will significantly exacerbate the systemic risk.
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庞琮远; 范宏 Risk amplification effect of multilayer financial networks: Feedback mechanism or cyclic structure? (2024年10月01日) https://www.cfrn.com.cn/lw/15930

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