Stefano Battiston

University of Zurich - Department of Banking and Finance

Professor

Andreasstrasse 15

Zürich, 8050

Switzerland

Ca Foscari University of Venice

Cannaregio 873

Venice, 30121

Italy

SCHOLARLY PAPERS

41

DOWNLOADS
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Top 4,167

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13,531

SSRN CITATIONS
Rank 3,287

SSRN RANKINGS

Top 3,287

in Total Papers Citations

211

CROSSREF CITATIONS

195

Scholarly Papers (41)

1.

The Climate Spread of Corporate and Sovereign Bonds

Number of pages: 33 Posted: 07 May 2019 Last Revised: 17 Sep 2020
Stefano Battiston and Irene Monasterolo
University of Zurich - Department of Banking and Finance and EDHEC Business School
Downloads 1,666 (15,097)
Citation 6

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Climate transition risk, financial pricing models, deep uncertainty, sovereign bonds, climate spread, prudential regulation

2.

CLIMAFIN Handbook: Pricing Forward-Looking Climate Risks Under Uncertainty

Number of pages: 31 Posted: 08 Nov 2019
University of Zurich - Department of Banking and Finance, Université Paris I Panthéon-SorbonneClimate Finance Alpha and EDHEC Business School
Downloads 1,424 (19,152)
Citation 8

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CLIMAFIN, forward-looking climate transition risk, climate deep uncertainty, financial contracts, financial pricing models, Climate Spread, Climate Value at Risk, Climate Stress-test

3.

Asset-Level Climate Physical Risk Assessment and Cascading Financial Losses

Number of pages: 38 Posted: 14 Apr 2022
WU Vienna University of Economics and Business, WU Vienna University of Economics and Business, EDHEC Business School and University of Zurich - Department of Banking and Finance
Downloads 1,037 (30,504)

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Geolocalized physical assets, climate physical risk, cascading losses, equity holdings, Climate Discount Dividend Model, Expected Shortfall.

4.

Climate Risk and Financial Stability in the Network of Banks and Investment Funds

Journal of Financial Stability, Forthcoming
Number of pages: 60 Posted: 08 Apr 2019 Last Revised: 29 Jan 2021
University of Zurich - Department of Banking and Finance, University of Zurich - Department of Banking and Finance, Banco de Mexico and Bank of Mexico
Downloads 959 (34,079)
Citation 14

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financial stability, climate risk, sustainable finance, climate stress-test, low-carbon transition risk, 2°C opportunities

5.

The Price of Complexity in Financial Networks

Columbia Business School Research Paper No. 15-49
Number of pages: 28 Posted: 15 Apr 2015 Last Revised: 02 Nov 2015
University of Zurich - Department of Banking and Finance, IMT Alti Studi Lucca, University of Oxford, Massachusetts Institute of Technology (MIT)KU Leuven - Faculty of Business and Economics (FEB) and Columbia University - Columbia Business School, Finance
Downloads 921 (36,095)
Citation 22

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financial markets, systemic risk, complex systems, computational social science

6.

Diversification and Financial Stability

CCSS Working Paper No. 11-001
Number of pages: 27 Posted: 05 Jul 2011
Paolo Tasca and Stefano Battiston
UCL Centre for Blockchain Technologies and University of Zurich - Department of Banking and Finance
Downloads 822 (42,265)
Citation 10

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Systemic Risk, Financial Crisis, Diversification, Default Probability

7.

The Architecture of Power: Patterns of Disruption and Stability in the Global Ownership Network

Number of pages: 74 Posted: 15 Jan 2019 Last Revised: 26 Jan 2019
James Glattfelder and Stefano Battiston
Department of Banking and Finance, UZH and University of Zurich - Department of Banking and Finance
Downloads 687 (53,651)
Citation 8

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ownership, control, shareholders, power, networks, complex networks, economic networks, complex systems, influence index, corporate governance

8.

Network Valuation in Financial Systems

Mathematical Finance, https://doi.org/10.1111/mafi.12272, 2020
Number of pages: 23 Posted: 16 Jun 2016 Last Revised: 02 Jun 2020
University of Zurich - Department of Banking and Finance, Bank of England, University College London, University of Zurich, University of Zurich - Institute of Mathematics, IMT Alti Studi Lucca and University of Zurich - Department of Banking and Finance
Downloads 598 (64,048)
Citation 38

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Financial networks, Contagion, Systemic risk, Credit risk, Mark-to-market losses

9.

On the Dependence of Investor’s Probability of Default on Climate Transition Scenarios

Number of pages: 25 Posted: 09 Mar 2021
Stefano Battiston and Irene Monasterolo
University of Zurich - Department of Banking and Finance and EDHEC Business School
Downloads 564 (68,950)
Citation 2

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Climate transition risk, climate policy scenarios, probability of default, corporate bonds, Expected Shortfall, climate financial risk assessment, risk management

10.

Interconnectedness as a Source of Uncertainty in Systemic Risk

Columbia Business School Research Paper No. 16-14
Number of pages: 32 Posted: 03 Feb 2016 Last Revised: 20 Feb 2016
Tarik Roukny, Tarik Roukny, Stefano Battiston and Joseph E. Stiglitz
Massachusetts Institute of Technology (MIT)KU Leuven - Faculty of Business and Economics (FEB), University of Zurich - Department of Banking and Finance and Columbia University - Columbia Business School, Finance
Downloads 435 (94,410)
Citation 26

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Systemic Risk, Financial Networks, Uncertainty, Interconnectedness, Contagion

11.

Climate Risks and Financial Stability

Number of pages: 13 Posted: 08 Feb 2021
Stefano Battiston, Yannis Dafermos and Irene Monasterolo
University of Zurich - Department of Banking and Finance, SOAS University of London and EDHEC Business School
Downloads 426 (96,785)
Citation 2

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climate change, financial stability, climate policies, financial instruments, network models, stock-flow consistent models, agent based models, empirical finance.

12.

Rethinking Financial Contagion

Number of pages: 54 Posted: 30 Aug 2016
Gabriele Visentin, Stefano Battiston and Marco D'Errico
University of Zurich - Institute of Mathematics, University of Zurich - Department of Banking and Finance and University of Zurich
Downloads 292 (146,446)
Citation 7

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Financial Network, Financial Contagion, Leverage Network, Loss Conservation, Loss Amplification, Eisenberg-Noe, DebtRank

13.

A Financial Macro-Network Approach to Climate Policy Evaluation

Number of pages: 57 Posted: 21 Nov 2017 Last Revised: 18 Apr 2018
Veronika Stolbova, Irene Monasterolo and Stefano Battiston
University of Zurich, Department of Banking and Finance, EDHEC Business School and University of Zurich - Department of Banking and Finance
Downloads 274 (156,201)
Citation 9

Abstract:

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financial networks, feedback loops, climate policies, shock transmission channels, indirect effects, low-carbon transition

14.

Leveraging the Network: A Stress-Test Framework Based on DebtRank

Number of pages: 27 Posted: 27 Feb 2015 Last Revised: 23 Feb 2016
University of Zurich - Department of Banking and Finance, IMT Alti Studi Lucca, University of Zurich and School of Public Policy, University College London
Downloads 261 (164,101)
Citation 29

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Systemic risk, financial networks, contagion, balance-sheets, stress-tests

15.

Accounting for finance is key for climate mitigation pathways

Science, 28 May 2021.DOI: 10.1126/science.abf3877
Number of pages: 8 Posted: 08 Feb 2021 Last Revised: 25 May 2021
University of Zurich - Department of Banking and Finance, EDHEC Business School, International Institute for Applied Systems Analysis (IIASA) and International Institute for Applied Systems Analysis (IIASA)
Downloads 237 (180,202)
Citation 3

Abstract:

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climate finance, financial risk, mitigation scenarios, energy technology, systemic risk, integrated climate financial risk assessment

16.

Climate-Finance and Climate Transition Risk: An Assessment of China's Overseas Energy Investments Portfolio

Number of pages: 27 Posted: 18 Apr 2018
Irene Monasterolo, Jiani I. Zheng and Stefano Battiston
EDHEC Business School, University of Zurich - Department of Banking and Finance and University of Zurich - Department of Banking and Finance
Downloads 236 (180,951)
Citation 1

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Overseas Energy Fi nance, Climate Transition Risk, Climate Policy Scenarios, Climate Stress-Test, Climate VaR, Climate- Finance

17.

Reducing Climate Transition Risk in Central Banks’ Asset Purchasing Programs

Number of pages: 18 Posted: 12 Mar 2021
Giacomo Bressan, Irene Monasterolo and Stefano Battiston
WU Vienna University of Economics and Business, EDHEC Business School and University of Zurich - Department of Banking and Finance
Downloads 219 (194,357)

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central banks, market neutrality, asset purchase, climate transition risk, corporate bonds, portfolio's climate exposure

18.

The Climate Target Gap Is Widening. Can We Close It by Including Climate Finance in SSPs?

Number of pages: 5 Posted: 05 Nov 2018 Last Revised: 06 Jun 2019
Stefano Battiston and Irene Monasterolo
University of Zurich - Department of Banking and Finance and EDHEC Business School
Downloads 192 (219,146)
Citation 3

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Climate Finance, Climate Change, Socio-Economic Shared Pathways, Integrated Assessment Model, Climate Finance Risk Metrics

19.

The Community Structure of the Global Corporate Network

Swiss Federal Institute of Technology Zurich
Number of pages: 19 Posted: 11 Jan 2013
Stefania Vitali and Stefano Battiston
Università Politecnica delle Marche - Faculty of Economics and University of Zurich - Department of Banking and Finance
Downloads 173 (239,669)
Citation 23

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Ownership Networks, Community Analysis, Firm Localization, Financial Sector

20.

Liaisons Dangereuses: Increasing Connectivity, Risk Sharing, and Systemic Risk

NBER Working Paper No. w15611
Number of pages: 29 Posted: 11 Jan 2010 Last Revised: 27 Feb 2022
University of Zurich - Department of Banking and Finance, Università Cattolica del Sacro Cuore, Polytechnic University of Marche - Faculty of Economics, National Bureau of Economic Research (NBER) and Columbia University - Columbia Business School, Finance
Downloads 143 (280,158)
Citation 34

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21.

Vulnerable Yet Relevant: The Two Dimensions of Climate-Related Financial Disclosure

Number of pages: 10 Posted: 23 May 2017
Irene Monasterolo, Stefano Battiston, Anthony Janetos and Zoey Zheng
EDHEC Business School, University of Zurich - Department of Banking and Finance, Boston University and Boston University
Downloads 142 (281,697)
Citation 12

Abstract:

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GHG exposure index, GHG holding index, market-based solutions, climate change, climate-risk disclosure

22.
Downloads 140 (284,855)
Citation 11

How Does Risk Flow in the Credit Default Swap Market?

ECB Working Paper No. 2041
Number of pages: 42 Posted: 24 May 2017
University of Zurich, University of Zurich - Department of Banking and Finance, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 109 (344,026)
Citation 6

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flow-of-risk, systemic risk, credit default swap, financial networks, network architecture

How Does Risk Flow in the Credit Default Swap Market?

ESRB: Working Paper Series No. 2016/33
Number of pages: 42 Posted: 05 Nov 2020
University of Zurich, University of Zurich - Department of Banking and Finance, European Systemic Risk Board and European Central Bank (ECB)
Downloads 31 (638,745)

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flow-of-risk, systemic risk, credit default swap, financial networks, network architecture

23.

The Multiplex Network of EU Lobby Organizations

Number of pages: 21 Posted: 02 Mar 2015
An Zeng and Stefano Battiston
University of Zurich - Department of Banking and Finance and University of Zurich - Department of Banking and Finance
Downloads 139 (286,476)

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lobbies, networks, ownership networks, interlocked directors

24.

Reshaping the Financial Network: Value Redistribution and Externalities in Central Clearing

Number of pages: 72 Posted: 07 Jul 2019 Last Revised: 18 Jan 2021
Olga Briukhova, Marco D'Errico and Stefano Battiston
University of Zurich - Department of Banking and Finance, University of Zurich - Department of Banking and Finance and University of Zurich - Department of Banking and Finance
Downloads 133 (296,279)

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Central Clearing Counterparty (CCP), OTC derivatives, financial networks, systemic risk, market structure

25.

Market Procyclicality and Systemic Risk

RC Working Paper No. 12-012
Number of pages: 31 Posted: 03 Nov 2012
Paolo Tasca and Stefano Battiston
UCL Centre for Blockchain Technologies and University of Zurich - Department of Banking and Finance
Downloads 126 (308,580)
Citation 15

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Systemic risk, Procyclicality, Leverage, Network models

26.

Collateral Unchained: Rehypothecation Networks, Concentration and Systemic Effects

SCIENCES PO OFCE WORKING PAPER n° 07, 2018/01/31
Number of pages: 39 Posted: 23 Feb 2018
Duc Thi Luu, Mauro Napoletano, Paolo Barucca and Stefano Battiston
University of Kiel- Faculty of Economics and Social Sciences, Université de Nice Sophia Antipolis - Groupe de Recherche en Droit, Economie et Gestion (GREDEG), University of Zurich - Department of Banking and Finance and University of Zurich - Department of Banking and Finance
Downloads 124 (312,236)
Citation 5

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Rehypothecation, Collateral, Repo Contracts, Networks, Liquidity, Collateral- Hoarding Effects, Systemic Risk.

27.

Systemic Risk in a Unifying Framework for Cascading Processes on Networks

European Physical Journal B, Vol. 71, No. 4, pp. 441-460, 2009, CCSS Working Paper No. 09-011
Number of pages: 45 Posted: 27 Apr 2010
Jan Lorenz, Stefano Battiston and Frank Schweitzer
Jacobs University Bremen, University of Zurich - Department of Banking and Finance and ETH Zürich
Downloads 117 (325,415)
Citation 2

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Networks, Economics Econophysics, Financial Markets, Business And Management, Dynamics of Social Systems, Structural Failure of Materials

28.

Enabling or Hampering? Climate Risk and the Role of Finance in the Low-Carbon Transition

Number of pages: 6 Posted: 22 Feb 2021
University of Zurich - Department of Banking and Finance, EDHEC Business School, International Institute for Applied Systems Analysis (IIASA), International Institute for Applied Systems Analysis (IIASA) and International Institute for Applied Systems Analysis (IIASA)
Downloads 116 (327,435)
Citation 1

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climate transition risk, carbon price, climate finance, climate economic models, disorderly transition scenarios.

29.

Interconnected Banks and Systemically Important Exposures

Number of pages: 51 Posted: 21 Nov 2019
University of Zurich - Department of Banking and Finance, University of Zurich - Department of Banking and Finance, University of Zurich, Government of Canada - Bank of Canada and European Central Bank (ECB)
Downloads 116 (327,435)

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bank stress test, cross-border contagion channels, financial contagion, financial networks, financial stability, systemic risk

The Importance of Compound Risk in the Nexus of Covid-19, Climate Change and Finance

Number of pages: 8 Posted: 07 Jan 2021
EDHEC Business School, University of Venice - Department of EconomicsCa Foscari University of Venice - Dipartimento di Economia and University of Zurich - Department of Banking and Finance
Downloads 115 (331,191)
Citation 3

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COVID-19, climate change, financial interconnectedness, compound risk, loss amplification, resilience policies

The Importance of Compound Risk in the Nexus of COVID-19, Climate Change and Finance

Posted: 08 Jun 2020 Last Revised: 25 Jun 2020
EDHEC Business School, University of Venice - Department of EconomicsCa Foscari University of Venice - Dipartimento di Economia and University of Zurich - Department of Banking and Finance

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pandemic, climate change, climate finance, financial risk, compound risk

31.

Default Ambiguity: Credit Default Swaps Create New Systemic Risks in Financial Networks

Management Science 66(5), 2020
Number of pages: 18 Posted: 05 Oct 2017 Last Revised: 16 Jan 2021
Steffen Schuldenzucker, Sven Seuken and Stefano Battiston
Goethe University Frankfurt, University of Zurich - Department of Informatics and University of Zurich - Department of Banking and Finance
Downloads 110 (339,811)
Citation 5

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Financial Networks, Credit Default Swaps, Systemic Risk, Clearing Systems

Financial Fragility and Distress Propagation in a Network of Regions

Number of pages: 35 Posted: 29 Sep 2012
Stefania Vitali, Stefano Battiston and Mauro Gallegati
Università Politecnica delle Marche - Faculty of Economics, University of Zurich - Department of Banking and Finance and Polytechnic University of Marche - Faculty of Economics
Downloads 76 (432,098)

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Networks, Financial Fragility, Contagion, Business Fluctuations, Bankruptcy, Financial Acceleration

Financial Fragility and Distress Propagation in a Network of Regions

ETH Risk Center – Working Paper No. 12-016
Number of pages: 37 Posted: 21 Dec 2012
Stefania Vitali, Stefano Battiston and Mauro Gallegati
Università Politecnica delle Marche - Faculty of Economics, University of Zurich - Department of Banking and Finance and Polytechnic University of Marche - Faculty of Economics
Downloads 26 (674,598)

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Networks, Financial Fragility, Contagion, Business Fluctuations, Bankruptcy, Financial Acceleration

33.

A Network Analysis of the Evolution of the German Interbank Market

Bundesbank Discussion Paper No. 22/2014
Number of pages: 30 Posted: 21 Jun 2016
Tarik Roukny, Tarik Roukny and Stefano Battiston
Massachusetts Institute of Technology (MIT)KU Leuven - Faculty of Business and Economics (FEB) and University of Zurich - Department of Banking and Finance
Downloads 101 (359,724)
Citation 1

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financial networks, interbank market, credit default swaps, liquidity

34.

The Efficiency and Evolution of R&D Networks

CER-ETH - Center of Economic Research at ETH Zurich, Working Paper No. 08/95
Number of pages: 60 Posted: 23 Sep 2008
ETH Zürich, University of Zurich - Department of Banking and Finance, ETH Zürich and Observatoire Français des Conjonctures Economiques (OFCE)
Downloads 98 (366,827)
Citation 1

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R&D networks, technology spillovers, network efficiency, network formation

35.

Default Cascades: When Does Risk Diversification Increase Stability?

ETH Risk Center Working Paper No. 11-006
Number of pages: 30 Posted: 21 Dec 2012
University of Zurich - Department of Banking and Finance, Università Cattolica del Sacro Cuore, Polytechnic University of Marche - Faculty of Economics, National Bureau of Economic Research (NBER) and Columbia University - Columbia Business School, Finance
Downloads 93 (379,041)
Citation 20

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Systemic risk, Network models, Contagion, Financial acceleration, Financial crises

36.

Social Intelligence Networks. A Novel Framework for On-Line Social Platforms.

Number of pages: 22 Posted: 07 Oct 2016
Stefano Battiston and Hamza Zeytinoglu
University of Zurich - Department of Banking and Finance and Clarifix Limited UK
Downloads 77 (424,136)

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social networks, on-line social platforms, trust networks, knowledge sharing, public good game, social dilemma

37.

Blended Finance Solutions For Scaling Up Sustainability Investments: Opportunities and Challenges

Number of pages: 39 Posted: 14 Feb 2022
Jiani I. Zheng, Stefano Battiston and Christophe Nuttall
University of Zurich - Department of Banking and Finance, University of Zurich - Department of Banking and Finance and Independent
Downloads 63 (471,357)

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blended finance, climate finance, subnational, sustainability projects, sustainable finance

38.

Credit Default Swaps Drawup Networks: Too Tied to Be Stable?

ETH RC Working Paper No. 12-013
Number of pages: 40 Posted: 12 Jan 2013
Rahul Kaushik and Stefano Battiston
ETH Zürich and University of Zurich - Department of Banking and Finance
Downloads 44 (551,750)
Citation 10

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Credit Default Swaps, epsilon drawups, interdependence, trend-reinforcement, network analysis, bow-tie structure, time series analysis

39.

Climate Transition Risk and Development Finance: A Carbon Risk Assessment of China's Overseas Energy Portfolios

China & World Economy, Vol. 26, Issue 6, pp. 116-142, 2018
Number of pages: 27 Posted: 15 Nov 2018
Irene Monasterolo, Jiani I. Zheng and Stefano Battiston
EDHEC Business School, University of Zurich - Department of Banking and Finance and University of Zurich - Department of Banking and Finance
Downloads 6 (828,761)
Citation 4

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climate‐finance, climate policy scenarios, climate stress‐test, climate transition risk, climate VaR, energy infrastructure loans

40.

Network Valuation in Financial Systems

Mathematical Finance, Vol. 30, Issue 4, pp. 1181-1204, 2020
Number of pages: 24 Posted: 07 Oct 2020
University College London, Bank of England, University College London, European Central Bank (ECB), University of Zurich - Institute of Mathematics, University of Zurich - Department of Banking and Finance and IMT Alti Studi Lucca
Downloads 3 (861,806)
Citation 4

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contagion, credit risk, financial networks, mark‐to‐market losses, systemic risk

41.

A Climate Stress-Test of the Financial System

Battiston, S., Mandel, A., Monasterolo, I., Schütze, F., & Visentin, G. (2017). A Climate stress-test of the financial system. Nature Climate Change, 7(4), 283–288. https://doi.org/doi:10.1038/nclimate3255
Posted: 03 Feb 2016 Last Revised: 11 Sep 2020
University of Zurich - Department of Banking and Finance, Université Paris I Panthéon-SorbonneClimate Finance Alpha, EDHEC Business School, DIW Berlin and University of Zurich - Institute of Mathematics

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climate stress-test, climate policy risk, decarbonization, stress-test, stranded assets, carbon risk, climate-sensitive sectors

Other Papers (1)

Total Downloads: 0
1.

Systemic Wrong-Way Risk in the COVID-19 Pandemic

Posted: 04 Oct 2021
Chiara Perillo, Stefano Battiston, Sumit Sourabh and Drona Kandhai
University of Zurich - Department of Banking and Finance, University of Zurich - Department of Banking and Finance, University of Amsterdam and University of Amsterdam

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Wrong-way risk, Counterparty risk, Credit Valuation Adjustment, Pandemic, COVID-19, Financial networks, Credit Default Swaps, Systemic risk, Epsilon-drawups