TY  - UNPD
A1  - Aldasoro, Iñaki
A1  - Angeloni, Ignazio
T1  - Input-output-based measures of systemic importance : [draft august 2013]
T2  - SAFE working paper series ; No. 29
N2  - 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 input-output 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.
T3  - SAFE working paper - 29 
KW  - banks
KW  - input-output
KW  - systemic risk, too-interconnected-to-fail
KW  - networks
KW  - interbank markets
Y1  - 2013
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/31329
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-313295
UR  - http://ssrn.com/abstract=2317299
IS  - draft august 2013
SP  - 1
EP  - 37
CY  - Frankfurt am Main
ER  -