全球智库信息集成服务系统(G2TT): Using Network Method to Measure Financial Interconnection

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w26499
来源ID	Working Paper 26499
	Using Network Method to Measure Financial Interconnection
	Ying Xu; Jennifer Corbett
发表日期	2019-12-09
出版年	2019
语种	英语
摘要	This paper uses a new approach to measuring financial openness, highlighting interconnectedness in a network of financial flows. Applying an adapted version of eigenvector centrality, often used in network analysis, the new measure captures multidimensional and high-degree financial relations among countries. It provides a nuanced picture of financial integration and interconnectedness in the global and regional financial networks. The United Kingdom and the United States remain the ‘core’ in the global banking network, with all other countries scattered in the ‘periphery’. The application of the new measure of financial integration to the empirical analysis reveals the nonlinear relationship between financial integration and output volatility.
主题	International Economics ; International Factor Mobility ; International Finance ; Financial Economics
URL	https://www.nber.org/papers/w26499
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/584193
推荐引用方式 GB/T 7714	Ying Xu,Jennifer Corbett. Using Network Method to Measure Financial Interconnection. 2019.