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Statically, we find that global bank equity connectedness has a strong geographic component, whereas country sovereign bond connectedness does not. Dynamically, we find that equity connectedness increases during crises, with clear peaks during the Great Financial Crisis and each wave of the subsequent European Debt Crisis, and with movements coming mostly from changes in cross\u2010country as opposed to within\u2010country bank linkages.<\/jats:p>","DOI":"10.1002\/jae.2585","type":"journal-article","created":{"date-parts":[[2017,8,1]],"date-time":"2017-08-01T03:08:46Z","timestamp":1501556926000},"page":"1-15","source":"Crossref","is-referenced-by-count":603,"title":["Estimating global bank network connectedness"],"prefix":"10.1002","volume":"33","author":[{"given":"Mert","family":"Demirer","sequence":"first","affiliation":[{"name":"MIT Cambridge, MA 02139 USA"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Francis X.","family":"Diebold","sequence":"additional","affiliation":[{"name":"University of Pennsylvania Philadelphia, PA 19104 USA"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Laura","family":"Liu","sequence":"additional","affiliation":[{"name":"University of Pennsylvania Philadelphia, PA 19104 USA"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Kamil","family":"Yilmaz","sequence":"additional","affiliation":[{"name":"Ko\u00e7 University Istanbul Turkey"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"311","published-online":{"date-parts":[[2017,7,31]]},"reference":[{"key":"e_1_2_9_2_1","doi-asserted-by":"publisher","DOI":"10.3982\/ECTA9623"},{"key":"e_1_2_9_3_1","doi-asserted-by":"publisher","DOI":"10.1257\/aer.102.3.59"},{"key":"e_1_2_9_4_1","doi-asserted-by":"publisher","DOI":"10.1093\/rfs\/hhw088"},{"key":"e_1_2_9_5_1","doi-asserted-by":"publisher","DOI":"10.1016\/j.jfi.2006.06.001"},{"key":"e_1_2_9_6_1","doi-asserted-by":"publisher","DOI":"10.1257\/aer.20120555"},{"key":"e_1_2_9_7_1","doi-asserted-by":"publisher","DOI":"10.1111\/1540-6261.00454"},{"key":"e_1_2_9_8_1","first-page":"933","article-title":"Limited market participation and the volatility of asset prices","volume":"84","author":"Allen F.","year":"1994","journal-title":"American Economic Review"},{"key":"e_1_2_9_9_1","doi-asserted-by":"publisher","DOI":"10.1086\/262109"},{"key":"e_1_2_9_10_1","doi-asserted-by":"publisher","DOI":"10.1093\/rfs\/hhs094"},{"key":"e_1_2_9_11_1","doi-asserted-by":"publisher","DOI":"10.1016\/B978-0-44-459406-8.00017-2"},{"key":"e_1_2_9_12_1","doi-asserted-by":"publisher","DOI":"10.1111\/1756-2171.12126"},{"key":"e_1_2_9_13_1","series-title":"(Barcelona GSE Working Paper 723)","volume-title":"Nets: Network Estimation for Time Series","author":"Barigozzi M.","year":"2013"},{"key":"e_1_2_9_14_1","doi-asserted-by":"crossref","unstructured":"Bianchi D. 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