@techreport{20.500.12134/5661, author = {León-Rincón, Carlos Eduardo}, author = {Machado-Franco, Clara Lía}, author = {Cepeda-López, Freddy Hernán}, author = {Sarmiento, Miguel}, year = {2011}, month = {3}, url = {https://repositorio.banrep.gov.co/handle/20.500.12134/5661}, abstract = {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}, publisher = {Banco de la República}, booktitle = {Borradores de Economía}, volume = {Borradores de Economía; No. 644}, title = {Too-connected-to-fail institutions and payments system's stability: assessing challenges for financial authorities}, keywords = {Payments systems}, keywords = {Too-connected-to-fail}, keywords = {Too-big-to-fail}, keywords = {Systemic risk}, keywords = {Network topology}, keywords = {Simulation}, keywords = {Central bank liquidity}, doi = {https://doi.org/10.32468/be.644}, }