{"id":"https://openalex.org/W2115315468","doi":"https://doi.org/10.1111/rssa.12044","title":"On the Epidemic of Financial Crises","display_name":"On the Epidemic of Financial Crises","publication_year":2013,"publication_date":"2013-12-17","ids":{"openalex":"https://openalex.org/W2115315468","doi":"https://doi.org/10.1111/rssa.12044","mag":"2115315468"},"language":"en","primary_location":{"id":"doi:10.1111/rssa.12044","doi":"https://doi.org/10.1111/rssa.12044","is_oa":false,"landing_page_url":"https://doi.org/10.1111/rssa.12044","pdf_url":null,"source":{"id":"https://openalex.org/S185328345","display_name":"Journal of the Royal Statistical Society Series A (Statistics in Society)","issn_l":"0964-1998","issn":["0964-1998","1467-985X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","dongbi-b","doyens","jufo-2","ki-jl-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311763","host_organization_name":"Royal Statistical Society","host_organization_lineage":["https://openalex.org/P4310311763"],"host_organization_lineage_names":["Royal Statistical Society"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of the Royal Statistical Society Series A: Statistics in Society","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.1111/rssa.12044","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5087427294","display_name":"Nikolaos Demiris","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I73142707","display_name":"Athens University of Economics and Business","ror":"https://ror.org/03s262162","country_code":"GR","type":"education","lineage":["https://openalex.org/I73142707"]}],"countries":["GR"],"is_corresponding":false,"raw_author_name":"Nikolaos Demiris","raw_affiliation_strings":["Athens University of Economics and Business , Greece"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Athens University of Economics and Business , Greece","institution_ids":["https://openalex.org/I73142707"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5091549401","display_name":"Theodore Kypraios","orcid":"https://orcid.org/0000-0002-6190-4762","observed_orcids":["https://orcid.org/0000-0002-6190-4762"]},"institutions":[{"id":"https://openalex.org/I142263535","display_name":"University of Nottingham","ror":"https://ror.org/01ee9ar58","country_code":"GB","type":"education","lineage":["https://openalex.org/I142263535"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Theodore Kypraios","raw_affiliation_strings":["University of Nottingham UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Nottingham UK","institution_ids":["https://openalex.org/I142263535"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5077113758","display_name":"L. Vanessa Smith","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I241749","display_name":"University of Cambridge","ror":"https://ror.org/013meh722","country_code":"GB","type":"education","lineage":["https://openalex.org/I241749"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"L. Vanessa Smith","raw_affiliation_strings":["University of Cambridge , UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Cambridge , UK","institution_ids":["https://openalex.org/I241749"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5077113758"],"corresponding_institution_ids":["https://openalex.org/I241749"],"apc_list":{"value":2621,"currency":"GBP","value_usd":3456},"apc_paid":null,"fwci":2.1661,"has_fulltext":true,"cited_by_count":20,"citation_normalized_percentile":{"value":0.89877301,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"177","issue":"3","first_page":"697","last_page":"723"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9193999767303467,"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/T10503","display_name":"Global Financial Crisis and Policies","score":0.9193999767303467,"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/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.04320000112056732,"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/T10127","display_name":"Banking stability, regulation, efficiency","score":0.015200000256299973,"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":0.9919999837875366},{"id":"https://openalex.org/keywords/epidemic-modeling","display_name":"epidemic modeling","score":0.5870000123977661},{"id":"https://openalex.org/keywords/crisis-severity","display_name":"crisis severity","score":0.5680000185966492},{"id":"https://openalex.org/keywords/currency-crises","display_name":"currency crises","score":0.859000027179718},{"id":"https://openalex.org/keywords/latent-processes","display_name":"latent processes","score":0.43799999356269836},{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.3970000147819519}],"concepts":[{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.5692433714866638},{"id":"https://openalex.org/C141121606","wikidata":"https://www.wikidata.org/wiki/Q8142","display_name":"Currency","level":2,"score":0.5552091598510742},{"id":"https://openalex.org/C89611455","wikidata":"https://www.wikidata.org/wiki/Q6804646","display_name":"Mechanism (biology)","level":2,"score":0.5225119590759277},{"id":"https://openalex.org/C761482","wikidata":"https://www.wikidata.org/wiki/Q118093","display_name":"Transmission (telecommunications)","level":2,"score":0.5028271079063416},{"id":"https://openalex.org/C2778890369","wikidata":"https://www.wikidata.org/wiki/Q499041","display_name":"Financial contagion","level":3,"score":0.476239949464798},{"id":"https://openalex.org/C2777212361","wikidata":"https://www.wikidata.org/wiki/Q5127848","display_name":"Class (philosophy)","level":2,"score":0.42768895626068115},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.42244577407836914},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.39073190093040466},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.39016470313072205},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.37154248356819153},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.19358575344085693},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.15204796195030212},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.14073920249938965},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0881170928478241},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0790402889251709},{"id":"https://openalex.org/C76155785","wikidata":"https://www.wikidata.org/wiki/Q418","display_name":"Telecommunications","level":1,"score":0.0689643919467926},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1111/rssa.12044","doi":"https://doi.org/10.1111/rssa.12044","is_oa":false,"landing_page_url":"https://doi.org/10.1111/rssa.12044","pdf_url":null,"source":{"id":"https://openalex.org/S185328345","display_name":"Journal of the Royal Statistical Society Series A (Statistics in Society)","issn_l":"0964-1998","issn":["0964-1998","1467-985X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","dongbi-b","doyens","jufo-2","ki-jl-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311763","host_organization_name":"Royal Statistical Society","host_organization_lineage":["https://openalex.org/P4310311763"],"host_organization_lineage_names":["Royal Statistical Society"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of the Royal Statistical Society Series A: Statistics in Society","raw_type":"journal-article"},{"id":"pmh:oai:https://nottingham-repository.worktribe.com/:728350","doi":null,"is_oa":true,"landing_page_url":"https://doi.org/10.1111/rssa.12044","pdf_url":null,"source":{"id":"https://openalex.org/S4306402483","display_name":"Repository@Nottingham (University of Nottingham)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I142263535","host_organization_name":"University of Nottingham","host_organization_lineage":["https://openalex.org/I142263535"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"Journal Article"},{"id":"pmh:oai:nottingham-repository.worktribe.com:728350","doi":null,"is_oa":true,"landing_page_url":"https://nottingham-repository.worktribe.com/output/728350","pdf_url":"https://nottingham-repository.worktribe.com/preview/728360/DKS_JRSS-OA-SA-Nov-12-0238.pdf","source":{"id":"https://openalex.org/S4306402483","display_name":"Repository@Nottingham (University of Nottingham)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I142263535","host_organization_name":"University of Nottingham","host_organization_lineage":["https://openalex.org/I142263535"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Journal Article"},{"id":"pmh:oai:eprints.nottingham.ac.uk:47113","doi":null,"is_oa":false,"landing_page_url":"http://onlinelibrary.wiley.com/doi/10.1111/rssa.12044/abstract","pdf_url":null,"source":{"id":"https://openalex.org/S4306402014","display_name":"Nottingham ePrints (University of Nottingham)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I142263535","host_organization_name":"University of Nottingham","host_organization_lineage":["https://openalex.org/I142263535"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Article"}],"best_oa_location":{"id":"pmh:oai:https://nottingham-repository.worktribe.com/:728350","doi":null,"is_oa":true,"landing_page_url":"https://doi.org/10.1111/rssa.12044","pdf_url":null,"source":{"id":"https://openalex.org/S4306402483","display_name":"Repository@Nottingham (University of Nottingham)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I142263535","host_organization_name":"University of Nottingham","host_organization_lineage":["https://openalex.org/I142263535"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"Journal Article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320310412","display_name":"Athens University of Economics and Business","ror":"https://ror.org/03s262162"}],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2115315468.pdf","grobid_xml":"https://content.openalex.org/works/W2115315468.grobid-xml"},"referenced_works_count":106,"referenced_works":["https://openalex.org/W114870970","https://openalex.org/W127743642","https://openalex.org/W180307288","https://openalex.org/W205204093","https://openalex.org/W228144990","https://openalex.org/W1482135687","https://openalex.org/W1495661376","https://openalex.org/W1501819210","https://openalex.org/W1502700877","https://openalex.org/W1537143241","https://openalex.org/W1537824135","https://openalex.org/W1588828982","https://openalex.org/W1608691223","https://openalex.org/W1796423611","https://openalex.org/W1961734499","https://openalex.org/W1974486301","https://openalex.org/W1977878271","https://openalex.org/W1984430808","https://openalex.org/W1985913947","https://openalex.org/W1991194428","https://openalex.org/W2003602850","https://openalex.org/W2006423444","https://openalex.org/W2007806490","https://openalex.org/W2009011230","https://openalex.org/W2011866841","https://openalex.org/W2012173272","https://openalex.org/W2023602246","https://openalex.org/W2032157167","https://openalex.org/W2038648036","https://openalex.org/W2045723842","https://openalex.org/W2048379351","https://openalex.org/W2050032417","https://openalex.org/W2054757048","https://openalex.org/W2059893430","https://openalex.org/W2063720659","https://openalex.org/W2070158335","https://openalex.org/W2079848860","https://openalex.org/W2079861595","https://openalex.org/W2081017921","https://openalex.org/W2097054006","https://openalex.org/W2098929430","https://openalex.org/W2100354115","https://openalex.org/W2102244369","https://openalex.org/W2102694845","https://openalex.org/W2103752865","https://openalex.org/W2104595316","https://openalex.org/W2106706098","https://openalex.org/W2111772797","https://openalex.org/W2112660322","https://openalex.org/W2113581283","https://openalex.org/W2117991189","https://openalex.org/W2118524012","https://openalex.org/W2118917960","https://openalex.org/W2119813768","https://openalex.org/W2126794261","https://openalex.org/W2133986364","https://openalex.org/W2134534134","https://openalex.org/W2137200489","https://openalex.org/W2138635254","https://openalex.org/W2139400178","https://openalex.org/W2145895674","https://openalex.org/W2157725602","https://openalex.org/W2163966557","https://openalex.org/W2166422272","https://openalex.org/W2166534449","https://openalex.org/W2166678050","https://openalex.org/W2171728272","https://openalex.org/W2198096383","https://openalex.org/W2246394597","https://openalex.org/W2303124729","https://openalex.org/W2315238647","https://openalex.org/W2317369262","https://openalex.org/W2319206862","https://openalex.org/W2320448585","https://openalex.org/W2334206889","https://openalex.org/W2334320156","https://openalex.org/W2339115059","https://openalex.org/W2417686394","https://openalex.org/W2477786822","https://openalex.org/W2481713033","https://openalex.org/W2568767495","https://openalex.org/W2891054859","https://openalex.org/W3021709961","https://openalex.org/W3023929452","https://openalex.org/W3087301330","https://openalex.org/W3121639475","https://openalex.org/W3121765420","https://openalex.org/W3121940775","https://openalex.org/W3121956726","https://openalex.org/W3122129261","https://openalex.org/W3122704196","https://openalex.org/W3122881678","https://openalex.org/W3122962955","https://openalex.org/W3123097063","https://openalex.org/W3124162586","https://openalex.org/W3124498556","https://openalex.org/W3125122495","https://openalex.org/W3125204970","https://openalex.org/W4213329537","https://openalex.org/W4230437101","https://openalex.org/W4238215104","https://openalex.org/W4238452917","https://openalex.org/W4248503640","https://openalex.org/W4388299012","https://openalex.org/W6635395639","https://openalex.org/W7038237863"],"related_works":["https://openalex.org/W2618960896","https://openalex.org/W2171728272","https://openalex.org/W7099110878","https://openalex.org/W1607019268","https://openalex.org/W2492051994","https://openalex.org/W2915739113","https://openalex.org/W1974486301","https://openalex.org/W1575625639","https://openalex.org/W4312572099","https://openalex.org/W7030431050"],"abstract_inverted_index":{"Summary":[0],"The":[1,64,113,132,160],"paper":[2],"proposes":[3],"a":[4,33,69,87,96,109,118,138,157],"framework":[5],"for":[6,169],"modelling":[7,44],"financial":[8,111,154],"contagion":[9,29],"that":[10,49,80,142],"is":[11,73,115],"based":[12],"on":[13,117],"susceptible\u2013infected\u2013recovered":[14],"transmission":[15,54,171],"models":[16,23],"from":[17,100],"epidemic":[18,147,155],"theory.":[19],"This":[20],"class":[21],"of":[22,28,36,45,61,86,98,108,120,137,172],"addresses":[24],"two":[25],"important":[26],"features":[27],"modelling,":[30],"which":[31,72,150],"are":[32,50],"common":[34],"shortcoming":[35],"most":[37],"existing":[38],"empirical":[39,161],"approaches,":[40],"namely":[41],"the":[42,46,53,84,106,135,145,152],"direct":[43],"inherent":[47],"dependences":[48],"involved":[51],"in":[52],"mechanism,":[55,71],"and":[56,129,149],"an":[57,166],"associated":[58],"canonical":[59],"measure":[60],"crisis":[62,122],"severity.":[63],"methodology":[65],"proposed":[66],"naturally":[67],"implies":[68],"control":[70],"required":[74],"when":[75],"evaluating":[76],"prospective":[77],"immunization":[78],"policies":[79],"intend":[81],"to":[82],"mitigate":[83],"effect":[85],"crisis.":[88,112],"It":[89],"can":[90],"be":[91],"implemented":[92],"not":[93],"only":[94],"as":[95,156],"way":[97],"learning":[99],"past":[101],"experiences,":[102],"but":[103],"also":[104],"at":[105],"onset":[107],"contagious":[110],"approach":[114],"illustrated":[116],"number":[119],"currency":[121,173],"episodes,":[123],"using":[124],"both":[125],"historical":[126],"final":[127],"outcome":[128],"temporal":[130],"data.":[131],"latter":[133],"require":[134],"introduction":[136],"novel":[139],"hierarchical":[140],"model":[141,148],"we":[143],"call":[144],"hidden":[146],"embeds":[151],"stochastic":[153],"latent":[158],"process.":[159],"results":[162],"suggest,":[163],"among":[164],"others,":[165],"increasing":[167],"trend":[168],"global":[170],"crises":[174],"over":[175],"time.":[176]},"counts_by_year":[{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":2},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":2}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}