Designing an expert knowledge-based systemic importance index for financial institutions

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Borradores de Economía; No. 669

Date published

2011-09-15

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2011-09-15

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spa
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The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

Defining whether a financial institution is systemically important (or not) is challenging due to (i) the inevitability of combining complex importance criteria such as institutions’ size, connectedness and substitutability; (ii) the ambiguity of what an

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Esta obra está bajo licencia internacional Creative Commons Reconocimiento-NoComercial 4.0.

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