Vega Baquero, Juan David; Santolino, Miguel - In: Latin American journal of central banking : LAJCB 3 (2022) 2, pp. 1-14
Although still incipient in economics and finance, compositional data analysis (in which relative information is more important than absolute values are) has become more relevant in statistical analysis in recent years. This article constructs a concentration index for financial/banking systems...