Archive » February 2015 » Systemic importance of financial institutions: from a global to a local perspective? A Network Theory approach
After the systemic effects of bank defaults during the recent financial crisis, and despite a huge amount of literature on systemic risk, no standard methodologies have been set up until now. We aim to build a concise but comprehensive picture of the state of the art, illustrating the open issues and outlining pathways for future research. In particular, we propose the analysis of some examples of local systems that attract the attention of the financial sector