León, Carlos; Pérez, Jhonatan; Renneboog, Luc - BANCO DE LA REPÚBLICA - 2014
We study the network of Colombian sovereign securities settlements. With data from the settlement market infrastructure … combine into a multi-layer network. Examining this network of networks enables us to confirm that (i) studying isolated single ….g. sparse, inhomogeneous, and clustered); and (iii) the multi-layer network is a multiplex that preserves the main connective …