Borradores de Economia
Number:
840
Published:
Classification JEL:
D85, D53, G20, G01, L14
Keywords:
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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Leonardo Fabio Morales, Diego Astorga-Rojas, Nicolas Guida-Johnson
We study the network of Colombian sovereign securities settlements. With data from the settlement market infrastructure we study financial institutions’ transactions from three different trading and registering individual networks that we combine into a m
