Aldasoro, Iñaki and Angeloni, Ignazio (2013): InputOutputbased Measures of Systemic Importance.

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Abstract
The analyses of intersectoral linkages of Leontief (1941)and Hirschman (1958) provide a natural way to study the transmission of risk among interconnected banks and to measure their systemic importance. In this paper we show how classic inputoutput analysis can be applied to banking and how to derive six indicators that capture different aspects of systemic importance, using a simple numerical example for illustration. We also discuss the relationship with other approaches, most notably network centrality measures, both formally and by means of a simulated network.
Item Type:  MPRA Paper 

Original Title:  InputOutputbased Measures of Systemic Importance 
Language:  English 
Keywords:  banks, inputoutput, systemic risk, toointerconnectedto fail, networks, interbank markets 
Subjects:  C  Mathematical and Quantitative Methods > C6  Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C67  InputOutput Models G  Financial Economics > G0  General > G00  General G  Financial Economics > G0  General > G01  Financial Crises G  Financial Economics > G2  Financial Institutions and Services > G20  General 
Item ID:  49557 
Depositing User:  Iñaki Aldasoro 
Date Deposited:  06 Sep 2013 23:02 
Last Modified:  27 Sep 2019 07:51 
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URI:  https://mpra.ub.unimuenchen.de/id/eprint/49557 