Compare Network Schematics at Different Quantiles
Select the cases to compare below -- e.g. choose 'OLS' and '0.95' to compare the network under OLS and at the 95th conditional quantile
Left image:
Right image:
Each white node represents a sovereign and each shaded node represents a national financial sector
Lines between nodes represent spillover effects -- they are read in a counterclockwise direction
Spillovers intensify markely in both tails of the conditional distribution
