We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Systemic Risk Definitions and Network Applications in Financial Systems.
- Authors
Dastkhan, Hossein
- Abstract
Introduction: Although the complex financial markets more often lead to more social welfare in modern economic systems, they can also cause more severe failures in the case of market downturns. Accordingly, Similar to other complex systems, financial markets are also exposed to systemic risks. Considering the importance of systemic risks in financial markets, we reviewed different concepts, definitions, and the related principles of the systemic risk. Purpose: Accordingly, similar to other complex systems, financial markets are also exposed to systemic risks. Considering the importance of systemic risks in financial markets, we reviewed different concepts, definitions, and the related principles of the systemic risk. We also reviewed the main definitions of financial systemic risk in different aspects. Methodology: To analyze the systemic risks in the financial markets, we introduce the main approaches of systemic risk analysis and elaborate financial network analysis as one of the main approaches. Findings: The results show that the systemic risk events can be related to the buildup of small shock on different agents in the financial systems as well as great shocks in one or a few numbers of financial agents.
- Subjects
SYSTEMIC risk (Finance); MARKET volatility; BIBLIOMETRICS; TOURISM management; LITERATURE reviews
- Publication
Ihtifaz: Journal of Islamic Economics, Finance & Banking, 2022, Vol 5, Issue 1, p37
- ISSN
2622-4755
- Publication type
Article
- DOI
10.12928/ijiefb.v5i1.5968