Transaction Network Structural Shift under Crisis: Macro and Micro Perspectives
Andry Alamsyah, Dian Puteri Ramadhani, Farida Titik Kristanti, Khairunnisa Khairunnisa

Informasi Umum

Kode

24.55.015

Klasifikasi

658.15 - Financial management, Insolvency, Bankruptcy, Valuation of businesses, Financial Decision making, Financial planning

Jenis

e - Article Journal

Subjek

Financial Management

No. Rak

17 A

Dilihat

6 kali

Informasi Lainnya

Abstraksi

In 2008, the Lehman Brothers’ bankruptcy, accumulated from the global financial crisis, proved a unique role of the highly interconnected financial entities. Shocks in a bank might trigger loss, induce spillovers, provoke a contagion shock spreading to other entities, trigger the whole banking system to collapse, and ultimately unsettle the worldwide economy. Therefore, evaluating financial stability through a system-wide network approach provides more adequate knowledge than evaluating a bank as an individual. In this approach, individual banks and their transaction activities are modeled into a transaction network, forming a network topology. Financial shocks are generally detected through various macro procedures, such as outstanding external debt and uncontrolled transaction deficits. This study proposes financial shock detection from a macro and micro perspective by exploring the effect of disruption on transaction network structure. We investigate the most changing triadic motif as a crisis predictor from a micro perspective due to the crisis period. The case study is the transaction network structural shift under the 2008 crisis in Indonesia, where the observations were performed from the pre-crisis to the post-crisis period. We discovered a motif with the significant changes as the underlying financial crisis predictor. This scenario provides support for the financial system’s stability control.

Koleksi & Sirkulasi

Tersedia 1 dari total 1 Koleksi

Pengarang

Nama	Andry Alamsyah, Dian Puteri Ramadhani, Farida Titik Kristanti, Khairunnisa Khairunnisa
Jenis	Perorangan
Penyunting
Penerjemah

Penerbit

Nama	Economies
Kota	Basel
Tahun	2022

Sirkulasi

Harga sewa	IDR 0,00
Denda harian	IDR 0,00
Jenis	Non-Sirkulasi

Download / Flippingbook