User profiles for Stefano Battiston

Stefano Battiston

University of Zurich, Dept. Banking and Finance, FINEXUS Center
Verified email at uzh.ch
Cited by 13359

Systemic risk in financial networks

S Battiston, G Caldarelli - Journal of Financial Management, Markets …, 2013 - rivisteweb.it
Financial inter-linkages play an important role in the emergence of financial instabilities and
the formulation of systemic risk can greatly benefit from a network approach. In this paper, …

A climate stress-test of the financial system

S Battiston, A Mandel, I Monasterolo, F Schütze… - Nature Climate …, 2017 - nature.com
The urgency of estimating the impact of climate risks on the financial system is increasingly
recognized among scholars and practitioners. By adopting a network approach to financial …

Liaisons dangereuses: Increasing connectivity, risk sharing, and systemic risk

S Battiston, DD Gatti, M Gallegati, B Greenwald… - Journal of economic …, 2012 - Elsevier
The recent financial crisis poses the challenge to understand how systemic risk arises
endogenously and what architecture can make the financial system more resilient to global crises. …

Climate risks and financial stability

S Battiston, Y Dafermos, I Monasterolo - Journal of Financial Stability, 2021 - Elsevier
Climate change has been recently recognised as a new source of risk for the financial system.
Over the last years, several central banks and financial supervisors have recommended …

[HTML][HTML] The network of global corporate control

S Vitali, JB Glattfelder, S Battiston - PloS one, 2011 - journals.plos.org
The structure of the control network of transnational corporations affects global market
competition and financial stability. So far, only small national samples were studied and there was …

Interconnectedness as a source of uncertainty in systemic risk

T Roukny, S Battiston, JE Stiglitz - Journal of Financial Stability, 2018 - Elsevier
Financial networks have shown to be important in understanding systemic events in credit
markets. In this paper, we investigate how the structure of those networks can affect the …

Complexity theory and financial regulation

S Battiston, JD Farmer, A Flache, D Garlaschelli… - Science, 2016 - science.org
Traditional economic theory could not explain, much less predict, the near collapse of the
financial system and its long-lasting effects on the global economy. Since the 2008 crisis, there …

Network valuation in financial systems

…, G Visentin, G Caldarelli, S Battiston - Mathematical …, 2020 - Wiley Online Library
We introduce a general model for the balance‐sheet consistent valuation of interbank claims
within an interconnected financial system. Our model represents an extension of clearing …

Accounting for finance is key for climate mitigation pathways

S Battiston, I Monasterolo, K Riahi, BJ van Ruijven - Science, 2021 - science.org
The financial system—the ecosystem of investors (eg, banks, investment funds, insurance),
markets, and instruments—is often considered to play an enabling role in climate mitigation …

A financial macro-network approach to climate policy evaluation

V Stolbova, I Monasterolo, S Battiston - Ecological Economics, 2018 - Elsevier
Existing approaches to assess the economic impact of climate policies tend to overlook the
financial sector and to focus only on direct effects of policies on the specific institutional …