Número:
644
Publicado:
Clasificación JEL:
E58, E44, C63, G21, D85
Palabras clave:
Payments systems, too-connected-to-fail, too-big-to-fail, systemic risk
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Juan José Ospina-Tejeiro, Jorge Enrique Ramos-Forero, David Camilo López-Valenzuela, Yurany Hernández-Turca, Nicolle Valentina Herrera-Pinto
The most recent episode of market turmoil exposed the limitations resulting from the traditional focus on too-big-to-fail institutions within an increasingly systemic-crisis-prone financial system, and encouraged the appearance of the too-connected-to-fai