Identifying Interbank Loans, Rates, and Claims Networks from Transactional Data

Borradores de Economia
Number: 
881
Published: 
Classification JEL: 
E42, E44
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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We identify interbank (i.e. non-collateralized) loans from the Colombian large-value payment system by implementing Furfine’s method. After identifying interbank loans from transactional data we obtain the interbank rates and claims without relying on fin