Authority Centrality and Hub Centrality as Metrics of Systemic Importance of Financial Market Infrastructures

Borradores de Economia
Number: 
754
Published: 
Classification JEL: 
D85, E42, G2
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
Download document

The most recent

Unpaid Care Work and Regional Gender Gaps in Labor Force Participation in Colombia
Luis Armando Galvis-Aponte, Adriana Marcela Rivera-Zárate
Minimum Markup Laws and Multiproduct Pricing
Daniel Herrera-Araujo, Jorge Florez-Acosta
Assessing the Effects of Recent Provisioning Rules on Consumer Credit Allocation in Colombia
Diego Fernando Cuesta-Mora, Fredy Alejandro Gamboa-Estrada, Camilo Eduardo Sánchez-Quinto

Network analysis has been applied to identify systemically important financial institutions after the 2008 financial crisis. Such applications have stressed the importance of centrality within the too-connected-to-fail concept. Yet, despite their well-kno