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Pathways towards instability in financial networks

Overview of attention for article published in Nature Communications, February 2017
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About this Attention Score

  • In the top 5% of all research outputs scored by Altmetric
  • High Attention Score compared to outputs of the same age (97th percentile)
  • High Attention Score compared to outputs of the same age and source (82nd percentile)

Mentioned by

news
5 news outlets
blogs
1 blog
twitter
91 X users
facebook
6 Facebook pages

Citations

dimensions_citation
207 Dimensions

Readers on

mendeley
204 Mendeley
citeulike
1 CiteULike
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Title
Pathways towards instability in financial networks
Published in
Nature Communications, February 2017
DOI 10.1038/ncomms14416
Pubmed ID
Authors

Marco Bardoscia, Stefano Battiston, Fabio Caccioli, Guido Caldarelli

Abstract

Following the financial crisis of 2007-2008, a deep analogy between the origins of instability in financial systems and complex ecosystems has been pointed out: in both cases, topological features of network structures influence how easily distress can spread within the system. However, in financial network models, the details of how financial institutions interact typically play a decisive role, and a general understanding of precisely how network topology creates instability remains lacking. Here we show how processes that are widely believed to stabilize the financial system, that is, market integration and diversification, can actually drive it towards instability, as they contribute to create cyclical structures which tend to amplify financial distress, thereby undermining systemic stability and making large crises more likely. This result holds irrespective of the details of how institutions interact, showing that policy-relevant analysis of the factors affecting financial stability can be carried out while abstracting away from such details.

X Demographics

X Demographics

The data shown below were collected from the profiles of 91 X users who shared this research output. Click here to find out more about how the information was compiled.
Mendeley readers

Mendeley readers

The data shown below were compiled from readership statistics for 204 Mendeley readers of this research output. Click here to see the associated Mendeley record.

Geographical breakdown

Country Count As %
Switzerland 2 <1%
United Kingdom 2 <1%
Netherlands 1 <1%
Italy 1 <1%
Finland 1 <1%
Taiwan 1 <1%
Estonia 1 <1%
United States 1 <1%
Unknown 194 95%

Demographic breakdown

Readers by professional status Count As %
Student > Ph. D. Student 56 27%
Researcher 32 16%
Student > Master 17 8%
Other 13 6%
Student > Doctoral Student 11 5%
Other 34 17%
Unknown 41 20%
Readers by discipline Count As %
Economics, Econometrics and Finance 39 19%
Computer Science 22 11%
Physics and Astronomy 17 8%
Mathematics 14 7%
Business, Management and Accounting 12 6%
Other 50 25%
Unknown 50 25%
Attention Score in Context

Attention Score in Context

This research output has an Altmetric Attention Score of 105. This is our high-level measure of the quality and quantity of online attention that it has received. This Attention Score, as well as the ranking and number of research outputs shown below, was calculated when the research output was last mentioned on 02 May 2023.
All research outputs
#406,624
of 25,918,104 outputs
Outputs from Nature Communications
#6,577
of 58,099 outputs
Outputs of similar age
#8,592
of 327,265 outputs
Outputs of similar age from Nature Communications
#165
of 927 outputs
Altmetric has tracked 25,918,104 research outputs across all sources so far. Compared to these this one has done particularly well and is in the 98th percentile: it's in the top 5% of all research outputs ever tracked by Altmetric.
So far Altmetric has tracked 58,099 research outputs from this source. They typically receive a lot more attention than average, with a mean Attention Score of 55.6. This one has done well, scoring higher than 88% of its peers.
Older research outputs will score higher simply because they've had more time to accumulate mentions. To account for age we can compare this Altmetric Attention Score to the 327,265 tracked outputs that were published within six weeks on either side of this one in any source. This one has done particularly well, scoring higher than 97% of its contemporaries.
We're also able to compare this research output to 927 others from the same source and published within six weeks on either side of this one. This one has done well, scoring higher than 82% of its contemporaries.