29 September 2017

ASA researchers participated in the Second Conference on Network Models and Stress Testing for Financial Stability

The Second Conference on Network models and Stress Testing for Financial Stability took place in Mexico City, Mexico on 26-27 September, 2017. The conference aimed to bring together policymakers and academics as well as industry representatives to examine progress in designing a safer financial system, to study the intended and unintended consequences of regulation on the global financial system, and to explore recent methodological advances in the study of systemic risk.

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Last edited: 12 April 2018


Stefan Thurner

Senior Research Scholar

Advanced Systems Analysis


Sebastian Poledna

Research Scholar

Risk and Resilience

Advanced Systems Analysis

T +43(0) 2236 807 261

Network models and stress testing for financial stability

The Second Conference

Systemic Risk and Network Dynamics

Cross-cutting project


Pichler A, Poledna S, & Thurner S (2018). Systemic-risk-efficient asset allocation: Minimization of systemic risk as a network optimization problem. Journal of Financial Stability (In Press)

Leduc MV, Poledna S, & Thurner S (2017). Systemic risk management in financial networks with credit default swaps. The Journal of Network Theory in Finance 3 (3): 19-39. DOI:10.21314/JNTF.2017.034.

Poledna S, Bochmann O, & Thurner S (2017). Basel III capital surcharges for G-SIBs are far less effective in managing systemic risk in comparison to network-based, systemic risk-dependent financial transaction taxes. Journal of Economic Dynamics and Control 77: 230-246. DOI:10.1016/j.jedc.2017.02.004.

Leduc MV, Poledna S, & Thurner S (2016). Systemic Risk Management in Financial Networks with Credit Default Swaps. SSRN Electronic Journal: 1-20. DOI:10.2139/ssrn.2713200.

Poledna S & Thurner S (2016). Elimination of systemic risk in financial networks by means of a systemic risk transaction tax. Quantitative Finance: 1-15. DOI:10.1080/14697688.2016.1156146.

Poledna S, Molina-Borboa JL, Martinez-Jaramillo S, van der Leij M, & Thurner S (2015). The multi-layer network nature of systemic risk and its implications for the costs of financial crises. Journal of Financial Stability 20: 70-81. DOI:10.1016/j.jfs.2015.08.001.

Poledna S, Thurner S, Farmer JD, & Geanakoplos J (2014). Leverage-induced systemic risk under Basle II and other credit risk policies. Journal of Banking & Finance 42 (1): 199-212. DOI:10.1016/j.jbankfin.2014.01.038.

Thurner S & Poledna S (2013). DebtRank-transparency: Controlling systemic risk in financial networks. Scientific Reports 3: no.1888. DOI:10.1038/srep01888.

International Institute for Applied Systems Analysis (IIASA)
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