Applications of Financial Network Analysis...

For anyone interested in applications of financial network analysis being done at leading central banks I would highly recommend the following research database available via the Financial Network Analysis blog...

A nice quote from a recent European Central Bank paper related to my current research area:

"...in order to enable financial network analysis to fulfil its promising role in better understanding financial stability, work is needed on three aspects: (1) a better theory on contagion channels in the financial system, on the information content of financial links and on the behaviour of financial institutions under both normal and stress situations; (2) better tools to manage and analyse the financial information available; and (3) a broader set of data on financial linkages – at bank-to-bank level, cross-market and cross-currency, both nationally and on a cross-border basis. Developments on all these three aspects are likely to depend on each other."

My current paper contributes (perhaps trivially) to (1).  Prof. John Moore's work on liquidity and financial contracting is crucially important to (1)...