{"id":"https://openalex.org/W4239385315","doi":"https://doi.org/10.1093/comnet/cnu022","title":"Connectivity and systemic risk in the Brazilian national payments system","display_name":"Connectivity and systemic risk in the Brazilian national payments system","publication_year":2014,"publication_date":"2014-06-26","ids":{"openalex":"https://openalex.org/W4239385315","doi":"https://doi.org/10.1093/comnet/cnu022"},"language":"en","primary_location":{"id":"doi:10.1093/comnet/cnu022","is_oa":false,"landing_page_url":"https://doi.org/10.1093/comnet/cnu022","pdf_url":null,"source":{"id":"https://openalex.org/S2531583244","display_name":"Journal of Complex Networks","issn_l":"2051-1310","issn":["2051-1310","2051-1329"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310311648","host_organization_name":"Oxford University Press","host_organization_lineage":["https://openalex.org/P4310311648","https://openalex.org/P4310311647"],"host_organization_lineage_names":["Oxford University Press","University of Oxford"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Complex Networks","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5009792954","display_name":"R. C. Castro Miranda","orcid":null},"institutions":[{"id":"https://openalex.org/I1342477950","display_name":"Central Bank of Brazil","ror":"https://ror.org/01h7jse56","country_code":"BR","type":"other","lineage":["https://openalex.org/I1342477950"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"R. C. Castro Miranda","raw_affiliation_strings":["Research Department, Banco Central do Brasil, Bras\u00edlia, Brazil"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Research Department, Banco Central do Brasil, Bras\u00edlia, Brazil","institution_ids":["https://openalex.org/I1342477950"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5103736801","display_name":"Sergio Rubens Stancato de Souza","orcid":null},"institutions":[{"id":"https://openalex.org/I1342477950","display_name":"Central Bank of Brazil","ror":"https://ror.org/01h7jse56","country_code":"BR","type":"other","lineage":["https://openalex.org/I1342477950"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"S. R. Stancato de Souza","raw_affiliation_strings":["Research Department, Banco Central do Brasil, Bras\u00edlia, Brazil"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Research Department, Banco Central do Brasil, Bras\u00edlia, Brazil","institution_ids":["https://openalex.org/I1342477950"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5067950037","display_name":"Thiago Christiano Silva","orcid":"https://orcid.org/0000-0003-2631-4393"},"institutions":[{"id":"https://openalex.org/I1342477950","display_name":"Central Bank of Brazil","ror":"https://ror.org/01h7jse56","country_code":"BR","type":"other","lineage":["https://openalex.org/I1342477950"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"T. C. Silva","raw_affiliation_strings":["Research Department, Banco Central do Brasil, Bras\u00edlia, Brazil"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Research Department, Banco Central do Brasil, Bras\u00edlia, Brazil","institution_ids":["https://openalex.org/I1342477950"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5085738609","display_name":"Benjamin Miranda Tabak","orcid":"https://orcid.org/0000-0002-7935-3188"},"institutions":[{"id":"https://openalex.org/I1342477950","display_name":"Central Bank of Brazil","ror":"https://ror.org/01h7jse56","country_code":"BR","type":"other","lineage":["https://openalex.org/I1342477950"]},{"id":"https://openalex.org/I24871856","display_name":"Universidade Cat\u00f3lica de Bras\u00edlia","ror":"https://ror.org/0058wy590","country_code":"BR","type":"education","lineage":["https://openalex.org/I24871856"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"B. M. Tabak","raw_affiliation_strings":["Research Department, Banco Central do Brasil, Bras\u00edlia, Brazil and Universidade Cat\u00f3lica de Bras\u00edlia, Bras\u00edlia, Brazil"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Research Department, Banco Central do Brasil, Bras\u00edlia, Brazil and Universidade Cat\u00f3lica de Bras\u00edlia, Bras\u00edlia, Brazil","institution_ids":["https://openalex.org/I1342477950","https://openalex.org/I24871856"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":4151,"currency":"USD","value_usd":4151},"apc_paid":null,"fwci":2.7035,"has_fulltext":false,"cited_by_count":12,"citation_normalized_percentile":{"value":0.91657473,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"2","issue":"4","first_page":"585","last_page":"613"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9972000122070312,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9972000122070312,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11437","display_name":"Digital Platforms and Economics","score":0.9743000268936157,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.9379000067710876,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/systemic-risk","display_name":"Systemic risk","score":0.6593299508094788},{"id":"https://openalex.org/keywords/payment","display_name":"Payment","score":0.5601553916931152},{"id":"https://openalex.org/keywords/payment-system","display_name":"Payment system","score":0.46959128975868225},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.44714128971099854},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.3909301161766052},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.14863502979278564},{"id":"https://openalex.org/keywords/financial-crisis","display_name":"Financial crisis","score":0.10730129480361938},{"id":"https://openalex.org/keywords/world-wide-web","display_name":"World Wide Web","score":0.10417550802230835}],"concepts":[{"id":"https://openalex.org/C144587487","wikidata":"https://www.wikidata.org/wiki/Q1369234","display_name":"Systemic risk","level":3,"score":0.6593299508094788},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.5601553916931152},{"id":"https://openalex.org/C2776983043","wikidata":"https://www.wikidata.org/wiki/Q986008","display_name":"Payment system","level":3,"score":0.46959128975868225},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.44714128971099854},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3909301161766052},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.14863502979278564},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.10730129480361938},{"id":"https://openalex.org/C136764020","wikidata":"https://www.wikidata.org/wiki/Q466","display_name":"World Wide Web","level":1,"score":0.10417550802230835},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1093/comnet/cnu022","is_oa":false,"landing_page_url":"https://doi.org/10.1093/comnet/cnu022","pdf_url":null,"source":{"id":"https://openalex.org/S2531583244","display_name":"Journal of Complex Networks","issn_l":"2051-1310","issn":["2051-1310","2051-1329"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310311648","host_organization_name":"Oxford University Press","host_organization_lineage":["https://openalex.org/P4310311648","https://openalex.org/P4310311647"],"host_organization_lineage_names":["Oxford University Press","University of Oxford"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Complex Networks","raw_type":"journal-article"},{"id":"pmh:oai:open-archive.highwire.org:comnet:2/4/585","is_oa":false,"landing_page_url":"http://comnet.oxfordjournals.org/cgi/content/short/2/4/585","pdf_url":null,"source":{"id":"https://openalex.org/S4406923041","display_name":"HighWire Press Open Archive","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"TEXT"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":24,"referenced_works":["https://openalex.org/W1525867147","https://openalex.org/W1559496943","https://openalex.org/W1965680834","https://openalex.org/W1971937094","https://openalex.org/W2003324563","https://openalex.org/W2011866841","https://openalex.org/W2027684023","https://openalex.org/W2033193852","https://openalex.org/W2040956707","https://openalex.org/W2052104835","https://openalex.org/W2065452020","https://openalex.org/W2077551920","https://openalex.org/W2112090702","https://openalex.org/W2114696370","https://openalex.org/W2127048411","https://openalex.org/W2133057631","https://openalex.org/W2170306891","https://openalex.org/W2964075648","https://openalex.org/W3102641634","https://openalex.org/W3123232430","https://openalex.org/W3124981419","https://openalex.org/W3125388817","https://openalex.org/W3126077909","https://openalex.org/W4248503640"],"related_works":["https://openalex.org/W1895768774","https://openalex.org/W2626891284","https://openalex.org/W3202903190","https://openalex.org/W2753683332","https://openalex.org/W2359711093","https://openalex.org/W2807445131","https://openalex.org/W2100248832","https://openalex.org/W4243402857","https://openalex.org/W4386686683","https://openalex.org/W1520980463"],"abstract_inverted_index":{"In":[0,96],"this":[1],"paper,":[2],"we":[3,58,107,156,170],"analyse":[4],"a":[5,30,154],"unique":[6],"dataset,":[7],"which":[8],"comprises":[9],"funds":[10],"transfers":[11],"processed":[12],"by":[13,178],"the":[14,60,73,79,89,94,100,104,113,132,167,175,199,213],"Brazilian":[15],"Payments":[16],"System":[17],"(BPS),":[18],"using":[19,179],"network":[20,181],"theory":[21],"concepts.":[22],"The":[23,40,82,192],"conducted":[24],"analyses":[25],"reveal":[26],"that":[27,35,62,123],"there":[28],"is":[29,46,137,195],"subset":[31],"of":[32,43,64,103,161,174,212],"financial":[33,44,200],"institutions":[34,45,65,92],"act":[36],"as":[37,184],"money":[38],"centres.":[39],"local":[41],"importance":[42],"moderately":[47],"concentrated":[48],"and":[49,55,70,111,117,189,202],"assumes":[50],"increased":[51],"values":[52],"between":[53],"|$2006$|":[54],"|$2011$|\u2060.":[56],"Moreover,":[57],"investigate":[59],"impact":[61,102],"default":[63,109],"cause":[66],"on":[67],"their":[68],"neighbourhood":[69],"also":[71,141],"find":[72,122,144,159],"most":[74],"probable":[75],"contagion":[76,83],"paths":[77,84],"within":[78],"banking":[80],"system.":[81],"change":[85],"over":[86],"time,":[87],"but":[88],"network's":[90,176],"central":[91],"remain":[93],"same.":[95],"order":[97],"to":[98,187],"assess":[99],"systemic":[101,163],"banks'":[105,151],"defaults,":[106],"simulate":[108],"cascades":[110,125],"complement":[112],"results":[114],"with":[115,150,166],"liquidity":[116],"solvency":[118],"stress":[119,147],"measures.":[120],"We":[121,140],"failure":[124],"hardly":[126],"happen.":[127],"When":[128],"they":[129],"do":[130,142,157],"occur,":[131],"average":[133],"propagation":[134],"chain's":[135],"length":[136],"very":[138],"short.":[139],"not":[143,158],"any":[145],"significant":[146,162],"measure":[148],"associated":[149,165],"defaults.":[152],"As":[153],"consequence,":[155],"evidence":[160],"risk":[164],"BPS.":[168],"Finally,":[169],"extract":[171],"topological":[172],"information":[173,194],"structure":[177],"several":[180],"measures,":[182],"such":[183],"ones":[185],"related":[186],"centrality":[188],"degree":[190],"correlation.":[191],"extracted":[193],"relevant":[196],"for":[197,203],"monitoring":[198],"stability":[201],"understanding,":[204],"in":[205],"an":[206],"intuitive":[207],"way,":[208],"many":[209],"structural":[210],"characteristics":[211],"investigated":[214],"network.":[215]},"counts_by_year":[{"year":2024,"cited_by_count":2},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1}],"updated_date":"2026-06-15T08:34:33.830935","created_date":"2022-05-12T00:00:00"}
