Too big to fail? An analysis of the Colombian banking system through compositional data

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 via...

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Bibliographic Details
Authors: Vega Baquero, Juan David, Santolino, Miguel
Format: article
Status:Published version
Publication Date:2022
Country:España
Institution:Universidad de Barcelona
Repository:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/186174
Online Access:https://hdl.handle.net/2445/186174
Access Level:Open access
Keyword:Operacions bancàries
Anàlisi de regressió
Colòmbia
Bank transactions
Regression analysis
Colombia
Description
Summary: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 via compositional analysis to establish the potential existence of "too big to fail" financial entities (...)