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In this paper, we introduce an impact centrality measure to evaluate shock propagation on financial networks capturing a notion of contagion and systemic risk contributions, permitting comparisons of these risks over time. In addition, we…

数理金融 · 定量金融 2025-02-06 Agathe Sadeghi , Zachary Feinstein

Has broadband become a necessity good immune to price changes? Using a 15-year panel of 33 European countries (2010--2024) and two-way fixed effects with Driscoll--Kraay standard errors, we document a fundamental transformation in broadband…

物理与社会 · 物理学 2025-12-29 Samir Orujov , Ilgar Ismayilov , Jeyhun Huseynzade

Urban economic resilience is intricately linked to how disruptions caused by pandemics, disasters, and technological shifts ripple through businesses and urban amenities. Disruptions, such as closures of non-essential businesses during the…

物理与社会 · 物理学 2023-12-05 Takahiro Yabe , Bernardo Garcia Bulle Bueno , Morgan Frank , Alex Pentland , Esteban Moro

This work validates a dynamic production network model, used to quantify the impact of economic shocks caused by COVID-19 in the UK, using data for Belgium. Because the model was published early during the 2020 COVID-19 pandemic, it relied…

综合经济学 · 经济学 2024-01-12 Tijs W. Alleman , Koen Schoors , Jan M. Baetens

Urban economic vitality is a crucial indicator of a city's long-term growth potential, comprising key metrics such as the annual number of new companies and the population employed. However, modeling urban economic vitality remains…

人工智能 · 计算机科学 2025-12-01 Xiaofeng Li , Xiangyi Xiao , Xiaocong Du , Ying Zhang , Haipeng Zhang

Understanding the interactions among nodes in a complex network is of great importance, since they disclose how these nodes are cooperatively supporting the functioning of the network. Scientists have developed numerous methods to uncover…

物理与社会 · 物理学 2017-09-13 Chengwei Wang , Celso Grebogi , Murilo S. Baptista

Recent crises like the COVID-19 pandemic and geopolitical tensions have exposed vulnerabilities and caused disruptions of supply chains, leading to product shortages, increased costs, and economic instability. This has prompted increasing…

物理与社会 · 物理学 2025-06-27 Anna Mancini , Balázs Lengyel , Riccardo Di Clemente , Giulio Cimini

Production networks arise from supply and customer relations among firms. These systems are gaining growing attention as a consequence of disruptions due to natural or man-made disasters that happened in the last years, such as the Covid-19…

物理与社会 · 物理学 2024-05-15 Massimiliano Fessina , Andrea Zaccaria , Giulio Cimini , Tiziano Squartini

Node centrality is one of the most important and widely used concepts in the study of complex networks. Here, we extend the paradigm of node centrality in financial and economic networks to consider the changes of node "importance" produced…

数理金融 · 定量金融 2020-06-05 Paolo Bartesaghi , Michele Benzi , Gian Paolo Clemente , Rosanna Grassi , Ernesto Estrada

We demonstrate that future market correlation structure can be predicted with high out-of-sample accuracy using a multiplex network approach that combines information from social media and financial data. Market structure is measured by…

统计金融 · 定量金融 2019-09-04 Thársis T. P. Souza , Tomaso Aste

Social and professional networks affect labor market dynamics, knowledge diffusion and new business creation. To understand the determinants of how these networks are formed in the first place, we analyze a unique dataset of business cards…

计量经济学 · 经济学 2021-08-04 Juan Nelson Martínez Dahbura , Shota Komatsu , Takanori Nishida , Angelo Mele

A major impact of globalization has been the information flow across the financial markets rendering them vulnerable to financial contagion. Research has focused on network analysis techniques to understand the extent and nature of such…

统计金融 · 定量金融 2019-11-15 Sayantan Banerjee , Kousik Guhathakurta

Structural balance theory predicts that triads in networks gravitate towards stable configurations. The theory has been verified for undirected graphs. Since real-world networks are often directed, we introduce a novel method for…

社会与信息网络 · 计算机科学 2024-05-07 Rezvaneh Rezapour , Ly Dinh , Lan Jiang , Jana Diesner

Recent studies highlight economic complexity's role in mitigating fiscal crises, often measured via an economy's trade structure. Trade, however, is just one facet of an economy's structure and omits critical innovative activities like…

综合经济学 · 经济学 2024-11-05 Goran Hristovski , Gjorgji Gockov , Viktor Stojkoski

We study the international interbank market through a geometrical and a topological analysis of empirical data. The geometrical analysis of the time series of cross-country liabilities shows that the systematic information of the interbank…

计算金融 · 定量金融 2012-05-28 Alessandro Spelta , Tanya Araújo

In this paper, we consider the problem of exploring structural regularities of networks by dividing the nodes of a network into groups such that the members of each group have similar patterns of connections to other groups. Specifically,…

物理与社会 · 物理学 2015-05-30 Hua-Wei Shen , Xue-Qi Cheng , Jia-Feng Guo

The growth of transportation networks and their increasing interconnections, although positive, has the downside effect of an increasing complexity which make them difficult to use, to assess, and limits their efficiency. On average in the…

物理与社会 · 物理学 2014-11-06 Riccardo Gallotti , Marc Barthelemy

Money flow models are essential tools to understand different economical phenomena, like saving propensities and wealth distributions. In spite of their importance, most of them are based on synthetic transaction networks with simple…

综合金融 · 定量金融 2016-08-03 Massimiliano Zanin , David Papo , Miguel Romance , Regino Criado , Santiago Moral

Economic transformation -- change in what an economy produces -- is foundational to development and rising standards of living. Our understanding of this process has been propelled recently by two branches of work in the field of economic…

物理与社会 · 物理学 2023-03-28 James McNerney , Yang Li , Andres Gomez-Lievano , Frank Neffke

We study the structure of inter-industry relationships using networks of money flows between industries in 20 national economies. We find these networks vary around a typical structure characterized by a Weibull link weight distribution,…

物理与社会 · 物理学 2014-07-25 James McNerney , Brian D. Fath , Gerald Silverberg