{"id":"https://openalex.org/W2104939963","doi":null,"title":"A Network Model of Super-Systemic Crises","display_name":"A Network Model of Super-Systemic Crises","publication_year":2009,"publication_date":"2009-01-01","ids":{"openalex":"https://openalex.org/W2104939963","mag":"2104939963"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:chb:bcchsb:v15c13pp411-432","doi":null,"is_oa":false,"landing_page_url":"https://si2.bcentral.cl/public/pdf/banca-central/pdf/v15/Vol15_411-432.pdf","pdf_url":"https://si2.bcentral.cl/public/pdf/banca-central/pdf/v15/Vol15_411-432.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5035813828","display_name":"Prasanna Gai","orcid":"https://orcid.org/0000-0002-1664-3946","observed_orcids":["https://orcid.org/0000-0002-1664-3946"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Prasanna Gai","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-1664-3946","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5088555912","display_name":"Sujit Kapadia","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Sujit Kapadia","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":4.5295,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":{"value":0.94909516,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":95},"biblio":{"volume":"15","issue":"542","first_page":"1","last_page":"432"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.8564000129699707,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.8564000129699707,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.039799999445676804,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13074","display_name":"Global Financial Regulation and Crises","score":0.022199999541044235,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-contagion","display_name":"financial contagion","score":0.8640000224113464},{"id":"https://openalex.org/keywords/network-models","display_name":"network models","score":0.5019999742507935},{"id":"https://openalex.org/keywords/subprime-mortgage-crisis","display_name":"subprime crisis","score":0.6940000057220459},{"id":"https://openalex.org/keywords/financial-fragility","display_name":"financial fragility","score":0.6230000257492065},{"id":"https://openalex.org/keywords/credit-derivatives","display_name":"credit derivatives","score":0.7099999785423279},{"id":"https://openalex.org/keywords/financial-connectivity","display_name":"financial connectivity","score":0.5630000233650208},{"id":"https://openalex.org/keywords/systemic-risk","display_name":"systemic risk","score":0.5099999904632568}],"concepts":[{"id":"https://openalex.org/C2776760741","wikidata":"https://www.wikidata.org/wiki/Q25325235","display_name":"Financial networks","level":4,"score":0.7690235376358032},{"id":"https://openalex.org/C144587487","wikidata":"https://www.wikidata.org/wiki/Q1369234","display_name":"Systemic risk","level":3,"score":0.7538586258888245},{"id":"https://openalex.org/C2778890369","wikidata":"https://www.wikidata.org/wiki/Q499041","display_name":"Financial contagion","level":3,"score":0.738226056098938},{"id":"https://openalex.org/C2778012447","wikidata":"https://www.wikidata.org/wiki/Q1034415","display_name":"Scope (computer science)","level":2,"score":0.5992176532745361},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.5159200429916382},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4684930741786957},{"id":"https://openalex.org/C2778755073","wikidata":"https://www.wikidata.org/wiki/Q10858537","display_name":"Scale (ratio)","level":2,"score":0.43538498878479004},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.40680745244026184},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3795456886291504},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3466201424598694},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.17711079120635986},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.16661512851715088},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.15934434533119202},{"id":"https://openalex.org/C58640448","wikidata":"https://www.wikidata.org/wiki/Q42515","display_name":"Cartography","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":7,"locations":[{"id":"pmh:oai:RePEc:chb:bcchsb:v15c13pp411-432","doi":null,"is_oa":false,"landing_page_url":"https://si2.bcentral.cl/public/pdf/banca-central/pdf/v15/Vol15_411-432.pdf","pdf_url":"https://si2.bcentral.cl/public/pdf/banca-central/pdf/v15/Vol15_411-432.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null},{"id":"pmh:oai:RePEc:chb:bcchwp:542","doi":null,"is_oa":false,"landing_page_url":"https://www.bcentral.cl/documents/33528/133326/DTBC_542.pdf","pdf_url":"https://www.bcentral.cl/documents/33528/133326/DTBC_542.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.498.3063","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.498.3063","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.bcentral.cl/conferencias-seminarios/conferencias-anuales/2008/papers/11 Gai_paper.pdf","raw_type":"text"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.554.2218","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.554.2218","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.bcentral.cl/eng/conferences-seminars/annual-conferences/2008/papers/11 Gai_paper.pdf","raw_type":"text"},{"id":"mag:2104939963","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/paper/chbbcchwp/542.htm","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"mag:3125347033","doi":null,"is_oa":false,"landing_page_url":"https://dialnet.unirioja.es/descarga/articulo/3175943.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306508256","display_name":"Documentos de Trabajo ( Banco Central de Chile )","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Documentos de Trabajo ( Banco Central de Chile )","raw_type":null},{"id":"pmh:oai:dialnet.unirioja.es:ART0000343444","doi":null,"is_oa":false,"landing_page_url":"https://dialnet.unirioja.es/servlet/oaiart?codigo=3175943","pdf_url":null,"source":{"id":"https://openalex.org/S4306401293","display_name":"Dialnet (Universidad de la Rioja)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I168974976","host_organization_name":"Universidad de La Rioja","host_organization_lineage":["https://openalex.org/I168974976"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Documentos de Trabajo ( Banco Central de Chile ), ISSN 0717-4411, N\u00ba. 542, 2009","raw_type":"text (article)"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":31,"referenced_works":["https://openalex.org/W1522391857","https://openalex.org/W1545555824","https://openalex.org/W1559496943","https://openalex.org/W1606697907","https://openalex.org/W2001873553","https://openalex.org/W2004826528","https://openalex.org/W2011866841","https://openalex.org/W2030539428","https://openalex.org/W2039402106","https://openalex.org/W2048309102","https://openalex.org/W2057766186","https://openalex.org/W2060776057","https://openalex.org/W2070207525","https://openalex.org/W2114696370","https://openalex.org/W2120159435","https://openalex.org/W2132038800","https://openalex.org/W2136513790","https://openalex.org/W2143738836","https://openalex.org/W2156614736","https://openalex.org/W2164727176","https://openalex.org/W2169015768","https://openalex.org/W3103071483","https://openalex.org/W3121630491","https://openalex.org/W3122063196","https://openalex.org/W3122812694","https://openalex.org/W3123232430","https://openalex.org/W3123913943","https://openalex.org/W3124498556","https://openalex.org/W3124981419","https://openalex.org/W3125388817","https://openalex.org/W3125677162"],"related_works":["https://openalex.org/W3124498556","https://openalex.org/W2479424123","https://openalex.org/W2982091988","https://openalex.org/W7096824384","https://openalex.org/W7168964471","https://openalex.org/W2620967611","https://openalex.org/W1932944622","https://openalex.org/W4389204850","https://openalex.org/W140059577","https://openalex.org/W2507330693"],"abstract_inverted_index":{"Although":[0],"the":[1,14,18,33,62,85,97,102,105,109],"financial":[2,30,58,75,91,106],"systems":[3,76],"of":[4,21,64,99,111],"advanced":[5],"countries":[6],"have":[7,24],"weathered":[8],"numerous":[9],"shocks":[10],"in":[11,27,80,108],"recent":[12],"years,":[13],"events":[15],"triggered":[16],"by":[17,89],"sub-prime":[19],"crisis":[20],"August":[22],"2007":[23],"been":[25],"\u201csuper-systemic\u201d":[26],"scope,":[28],"enveloping":[29],"institutions":[31],"across":[32],"major":[34],"economies":[35],"as":[36,38],"well":[37],"far":[39],"away":[40],"Iceland":[41],"and":[42],"New":[43],"Zealand.":[44],"In":[45],"this":[46],"paper,":[47],"we":[48],"apply":[49],"network":[50],"techniques":[51],"to":[52],"develop":[53],"a":[54,116],"framework":[55],"for":[56],"analyzing":[57],"contagion":[59,65],"that":[60,73],"isolate":[61],"probability":[63],"from":[66],"its":[67],"potential":[68],"spread.":[69],"Our":[70],"results":[71],"suggest":[72],"complex":[74],"may":[77],"be":[78,114],"robust-yet-fragile":[79],"nature.":[81],"Under":[82],"plausible":[83],"assumptions,":[84],"greater":[86],"connectivity":[87],"implied":[88],"new":[90],"instruments":[92],"(e.g.,":[93],"credit":[94],"derivatives)":[95],"reduces":[96],"likelihood":[98],"contagion.":[100],"But":[101],"impact":[103],"on":[104,115],"system,":[107],"event":[110],"problems,":[112],"can":[113],"significantly":[117],"larger":[118],"scale":[119],"than":[120],"before.":[121]},"counts_by_year":[{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
