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Modular scale-free architecture of Colombian financial networks : evidence and challenges with financial stability in view

Carlos Eduardo
León-Rincón
Ron J.
Berndsen
Domingo, 1 Diciembre 2013

Scale-free (inhomogeneous) connective structures with modular (highly clustered) hierarchies are ubiquitous in real–world networks. Evidence from the main Colombian payment and settlement systems verifies that local financial networks have self-organized