Rethinking financial stability: challenges arising from financial networks' modular scale-free architecture

C León, RJ Berndsen - Journal of Financial Stability, 2014 - Elsevier
We examine the connective architecture of the main Colombian payment and settlement
systems in order to update what we know about local financial networks, and to elaborate on …

Measurement of systemic risk in the colombian banking sector

O Rivera-Escobar, JW Escobar, DF Manotas - Risks, 2022 - mdpi.com
This paper uses three methodologies for measuring the existence of systemic risk in the
Colombian banking system. The determination of its existence is based on implementing …

The cost of collateralized borrowing in the Colombian money market: does connectedness matter?

C Martinez, C León - Journal of Financial Stability, 2016 - Elsevier
We estimate two standard spatial econometric models in order to study the cost of
collateralized borrowing among Colombian financial institutions, and its relationship with …

[PDF][PDF] El mercado OTC de valores en Colombia: caracterización y comparación con base en el análisis de redes complejas

C León - Borradores de Economía; No. 765, 2013 - papers.ssrn.com
Este documento expone cómo se conforma y articula el mercado OTC de valores en el caso
colombiano. Así mismo, en el marco del mercado de deuda pública local, con base en el …

[PDF][PDF] Stability analysis of the banking system: a complex systems approach

A Karaev, M Melnichuk, T Guev… - Journal of International …, 2017 - academia.edu
The present work deals with the stability analysis of a banking system with the structure in
the form of Apollonian graph based on such characteristics of the banking system as the …

Assessing systemic importance with a fuzzy logic inference system

C León, C Machado, A Murcia - Intelligent Systems in …, 2016 - Wiley Online Library
Three metrics are designed to assess Colombian financial institutions' size, connectedness
and non‐substitutability as the main drivers of systemic importance:(i) centrality as net …

Implied probabilities of default from Colombian money market spreads: The Merton Model under equity market informational constraints

C León - Borradores de Economía, 2012 - papers.ssrn.com
Electronic copy available at: http://ssrn.com/abstract=2179608 Electronic copy available at:
https://ssrn.com/abstract=2179608 Page 1 Electronic copy available at: http://ssrn.com/abstract=2179608 …

Fuzzy evaluation method for project profitability

R Ali, G Mounir, VE Balas, M Nissen - … , CSIT 2016, September 6-10 Lviv …, 2017 - Springer
The problem of the project management is performed with the optimization task under
uncertainty and subject to real-world constraints. We use the probability theory and …

Systemically important financial institutions in Latin America-A Primer

J Kleinow, MAGAA MoLinA, A Horsch - Revista de Economia Política, 2016 - SciELO Brasil
Financial institutions show a characteristic risk exposure and vulnerability, making them
prone to instability. Financial systems in Latin America, however, were left largely unscathed …

[HTML][HTML] Caracterización y comparación del mercado OTC de valores en Colombia

C León, J Pérez - Revista de Economía Institucional, 2014 - scielo.org.co
Este artículo analiza algunos elementos característicos del mercado OTC de valores
colombiano. Usando métricas del análisis de redes e información de las transacciones de …