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On the Past, Present, and Future of the Diebold-Yilmaz Approach to Dynamic Network Connectedness

Francis X. Diebold, Kamil Yilmaz

arXiv 8 Nov 2022 · Econometrics · publishedJournal of Econometrics (2023) · 82 citations (OpenAlex)

arXiv:2211.04184 · PDF · DOI · OpenAlex · Extracted main text

Abstract

We offer retrospective and prospective assessments of the Diebold-Yilmaz connectedness research program, combined with personal recollections of its development. Its centerpiece in many respects is Diebold and Yilmaz (2014), around which our discussion is organized.

Citation extraction

21
references
35
in-text mentions
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distinct cited
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self-citations
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main-text words

appendix boundary found by none_found · 100% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Diebold and Yilmaz (2014) On the Network Topology of Variance Decompositions: Measuring the Connectedness of Financial Firms, Journal of Econometrics\/, 1…1.00053100%
2Demirer, Diebold, Liu, and Yilmaz (2018) Estimating Global Bank Network Connectedness, Journal of Applied Econometrics\/, 33, 1–150.81142100%
3Diebold and Yilmaz (2012) Better to Give than to Receive: Predictive Measurement of Volatility Spillovers (with discussion), International Journal of Fore…0.81142100%
4Diebold and Yilmaz (2009) Measuring Financial Asset Return and Volatility Spillovers, with Application to Global Equity Markets, Economic Journal\/, 119,…0.73732100%
5Barigozzi, Cavaliere, and Moramarco (2022) Factor Network Autoregressions, ArXiv:2208.02925, https://arxiv.org/abs/2208.029250.51121100%
6Adrian and Brunnermeier (2016) CoVaR, American Economic Review\/, 106, 1705–17410.40511100%
7Acharya, Engle, and Richardson (2012) Capital Shortfall: A New Approach to Ranking and Regulating Systemic Risks, American Economic Review\/, 102, 59–640.40511100%
8Diebold, Gardeazabal, and Yilmaz (1994) On Cointegration and Exchange Rate Dynamics, Journal of Finance\/, 49, 727–735 self0.40511100%
9Diebold (2021) What’s the Big Idea? Big Data and its Origins, Significance\/, 19, 36–37 self0.40511100%
10Diebold and Yilmaz (2016) Trans-Atlantic Equity Volatility Connectedness: U.S0.40511100%

Showing the top 10 of 22 scored citations.

Cited by, within the corpus

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12410.043300.40511
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