–world networks. Evidence from the main Colombian payment and settlement systems verifies that local financial networks have self … financial networks, and suggest new insights and challenges for authorities contributing to their stability. For instance, (i …

are contrasted: an autoregressive model, a vector autoregressive model, artificial neural networks on each individual … factor, and artificial neural networks on all factors that explain the yield curve. The out-of-sample performance of the … fitting models improves with the neural networks in the one-month-ahead forecast along all studied yield curves. Moreover, the …

covered by literature. Some particularities of strictly hierarchical (i.e. directed and acyclic) networks may explain the …-to by other nodes (i.e. authorities), even in the case of directed and acyclic networks. Results are valuable since they …