Network analyses of financial markets often tend to come up with the same result. Whether they look at interbank lending, deposits, credit insurance or derivatives exposures, the pattern is a ...
This paper proposes a framework to identify the structure of a financial network and its evolution over time, and presents an application to an interbank market with complete actual data. The ...
The Lightning Network was found to be more centralized than initially believed, increasingly relying on hubs through a core-periphery model observed by researchers. The Lightning Network’s (LN) ...
From 1980 to 2004 joining the European Union was quite popular among large sections of the populations in concerned countries. Portuguese, Greek and Spanish citizens regarded their countries’ ...
The impact of international trade is studied in a general equilibrium model in which firms engage in oligopolistic competition and linkage effects are present. Results are derived analytically. If ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The traditional distinction between the core and the periphery is becoming ...
Silvestri, Luciana, and Ranjay Gulati. "From Periphery to Core: A Process Model for Embracing Sustainability." In Leading Sustainable Change: An Organizational Perspective, edited by Rebecca Henderson ...
Software systems are among the most complex of the artifacts that our species creates. In the design, use, and evolution of such systems, a dynamic tension exists between what I have come to call the ...
Myanmar’s punctuated economic development since gaining independence in 1948 has often been framed through the shackles of ethnic conflict, authoritarianism, and neglectful governance. But as global ...