Borradores de Economia
Número:
936
Publicado:
Clasificación JEL:
D85, E58, L14
Palabras clave:
liquidity risk, counterparty risk, Network, Centralization
Lo más reciente
Jhorland Ayala-García, Yesica Tatiana Lara-Silva, Alejandro Alberto Vargas-Villamil, Lina Romero-Chaparro
Jesús Alonso Botero-García, Ligia Alba Melo-Becerra, Cristian Castrillón Gaviria, Daniela Gallo
Hernando Vargas-Herrera
We examine how liquidity is exchanged in different types of Colombian money market networks (i.e. secured, unsecured, and central bank's repo networks). Our examination first measures and analyzes the centralization of money market networks. Afterwards, b