This paper contributes to the literature on systemic risk by examining the network structure of bilateral exposures in the global banking system. The global interbank market constitutes a major part of the global banking system. The market has a hierarchical network structure, composed of the...

This paper contributes to the systemic risk literature by assessing the network structure of bilateral exposures in the Japanese interbank market. The Japanese interbank market is composed of call and bankers' acceptance markets, and the market participants are restricted to financial...

This study assesses the credit rating migration risk and interconnectedness among bank-to-listed firms and insurer-to-listed firms in Japan's corporate lending market during the fiscal years 2008-2015. The study uses outstanding lending data with borrowers and lenders names to conduct a...