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Financial market resilience reflects the ability of a financial market to withstand external shocks and to recover from them, while its measurement has yet to be standardized. Accordingly, this paper quantifies the adaptability and…

Risk Management · Quantitative Finance 2025-11-13 Si-Yao Wei , Kun-Liang Jiang , Wei-Xing Zhou

This paper characterises dynamic linkages arising from shocks with heterogeneous degrees of persistence. Using frequency domain techniques, we introduce measures that identify smoothly varying links of a transitory and persistent nature.…

Econometrics · Economics 2023-11-21 Jozef Barunik , Michael Ellington

We introduce the resilience rate as a measure of financial resilience. It captures the expected rate at which a dynamic risk measure recovers, i.e., bounces back, when the risk-acceptance set is breached. We develop the corresponding…

Mathematical Finance · Quantitative Finance 2026-01-26 Roger J. A. Laeven , Matteo Ferrari , Emanuela Rosazza Gianin , Marco Zullino

Disadvantaged groups around the world have suffered and endured higher mortality during the current COVID-19 pandemic. This contrast disparity suggests that socioeconomic and health-related factors may drive inequality in disease outcome.…

Machine Learning · Computer Science 2020-12-23 Behzad Javaheri

Resilience in coupled systems is increasingly critical in addressing global challenges such as climate change and pandemics. These systems show unpredictable behaviour due to dynamic complexity and deep uncertainty across spatiotemporal…

Sustainability aspects of transportation infrastructure systems primarily focus on system performance based on environmental, social, and economic impacts. In contrast, resilience aspects demonstrate the ability to withstand external shocks…

Systems and Control · Electrical Eng. & Systems 2022-08-23 H M Imran Kays , Arif Mohaimin Sadri

An employer contracts with a worker to incentivize efforts whose productivity depends on ability; the worker then enters a market that pays him contingent on ability evaluation. With non-additive monitoring technology, the interdependence…

Theoretical Economics · Economics 2025-07-31 Tan Gan , Hongcheng Li

The frequent occurrence of natural disasters has posed significant challenges to society, necessitating the urgent development of effective risk management strategies. From the early informal community-based risk sharing mechanisms to…

Risk Management · Quantitative Finance 2025-08-06 Lichen Wang , Shijia Hua , Yuyuan Liu , Zhengyuan Lu , Liang Zhang , Linjie Liu , Attila Szolnoki

Network models represent a useful tool to describe the complex set of financial relationships among heterogeneous firms in the system. In this paper, we propose a new semiparametric model for temporal multilayer causal networks with both…

Econometrics · Economics 2021-01-05 Billio Monica , Casarin Roberto , Costola Michele , Iacopini Matteo

An important theme is how to maximize the cooperation of employees when dealing with crisis measures taken by the company. Therefore, to find out what kind of employees have cooperated with the company's measures in the current corona…

General Economics · Economics 2022-02-15 Keisuke Kokubun , Yoshiaki Ino , Kazuyoshi Ishimura

During the COVID-19 pandemic, many organizations (e.g. businesses, companies, government facilities, etc.) have attempted to reduce infection risk by employing partial home office strategies. However, working from home can also reduce…

Data Structures and Algorithms · Computer Science 2022-04-05 Mansoor Davoodi , Abhishek Senapati , Adam Mertel , Weronika Schlechte-Welnicz , Justin M. Calabrese

The instability of the financial system as experienced in recent years and in previous periods is often linked to credit defaults, i.e., to the failure of obligors to make promised payments. Given the large number of credit contracts, this…

Risk Management · Quantitative Finance 2015-06-17 Thilo A. Schmitt , Desislava Chetalova , Rudi Schäfer , Thomas Guhr

Motivated by recent financial crises significant research efforts have been put into studying contagion effects and herding behaviour in financial markets. Much less has been said about influence of financial news on financial markets. We…

Social and Information Networks · Computer Science 2015-09-30 Matija Piškorec , Nino Antulov-Fantulin , Petra Kralj Novak , Igor Mozetič , Miha Grčar , Irena Vodenska , Tomislav Šmuc

Purpose: The article aims to visualise in a single graph fish and meat processing company groups in Spain with respect to long-term solvency, energy, waste and water intensity and gender employment gap. Design/methodology/approach: The…

Statistical Finance · Quantitative Finance 2026-02-02 Elena Rondós-Casas , Germà Coenders , Miquel Carreras-Simó , Núria Arimany-Serrat

I study the economic effects of testing during the outbreak of a novel disease. I propose a model where testing permits isolation of the infected and provides agents with information about the prevalence and lethality of the disease.…

General Economics · Economics 2020-12-08 Francesco Furno

Workplace stress is often considered to be negative, yet lab studies on individuals suggest that not all stress is bad. There are two types of stress: distress refers to harmful stimuli, while eustress refers to healthy, euphoric stimuli…

Social and Information Networks · Computer Science 2022-12-22 Sanja Šćepanović , Marios Constantinides , Daniele Quercia , Seunghyun Kim

Due to the increasing nature of flexible work and the recent requirements from COVID-19 restrictions, workplaces are becoming more hybrid (i.e. allowing workers to work between traditional office spaces and elsewhere including from home).…

Computers and Society · Computer Science 2020-08-03 Mohammad Saiedur Rahaman , Shaw Kudo , Tim Rawling , Yongli Ren , Flora D. Salim

Assessing the trend of the COVID-19 pandemic and policy effectiveness is essential for both policymakers and stock investors, but challenging because the crisis has unfolded with extreme speed and the previous index was not suitable for…

Econometrics · Economics 2020-05-06 J. Su , Q. Zhong

The paper examines financial management challenges faced by organizations operating under remote and hybrid work models. It investigates how these flexible arrangements influence budgeting, reporting, and financial transparency in…

Computers and Society · Computer Science 2025-12-16 Michał Ćwiąkała , Gabriela Wojak , Dariusz Baran , Ernest Górka , Bartłomiej Bartnik , Waldemar Gajda , Ryszard Ratajski

A common problem in risk analysis is to characterize the overall security of a system of valuable assets (e.g., government buildings or communication hubs), and to suggest measures to mitigate any hazards or security threats. Currently,…

Cryptography and Security · Computer Science 2019-01-23 Vicki Bier , Alexander Gutfraind