Identifying central bank liquidity super-spreaders in interbank funds networks

Número: 
816
Publicado: 
Authors:
Clara Lía Machado-Franco,
Clasificación JEL: 
E5, G2, L14
Palabras clave: 
Interbank, Monetary policy, Contagion, Networks

Evidence suggests that the Colombian interbank funds market is an inhomogeneous and hierarchical network in which a few financial institutions fulfill the role of "super-spreaders" of central bank liquidity among market participants. Results concur with e