Arbeitspapier
The topology of interbank payment flows
We explore the network topology of the interbank payments transferred between commercial banks over the Fedwire® Funds Service. We find that the network is compact despite low connectivity. The network includes a tightly connected core of money-center banks to which all other banks connect. The degree distribution is scale-free over a substantial range. We find that the properties of the network changed considerably in the immediate aftermath of the attacks of September 11, 2001.
- Sprache
-
Englisch
- Erschienen in
-
Series: Staff Report ; No. 243
- Klassifikation
-
Wirtschaft
Monetary Policy, Central Banking, and the Supply of Money and Credit: Other
Central Banks and Their Policies
- Thema
-
network, topology, interbank, payment, Fedwire, September 11, 2001
Zahlungsverkehr
Geldmarkt
Netzwerk
USA
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Soramäki, Kimmo
Bech, Morten L.
Arnold, Jeffrey
Glass, Robert J.
Beyeler, Walter E.
- Ereignis
-
Veröffentlichung
- (wer)
-
Federal Reserve Bank of New York
- (wo)
-
New York, NY
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Soramäki, Kimmo
- Bech, Morten L.
- Arnold, Jeffrey
- Glass, Robert J.
- Beyeler, Walter E.
- Federal Reserve Bank of New York
Entstanden
- 2006
Ähnliche Objekte (12)
The topology of Danish interbank money flows
Gridlock resolution in interbank payment systems
A mixed duopoly in interbank payment services
Efficient pricing of large value interbank payment systems
Network topology of the Argentine interbank money market
Illiquidity in the interbank payment system following wide-scale disruptions
Developing the interbank payment system: Efficiency of public versus private investments
Interbank intermediation
Peer Monitoring vs. search costs in the interbank market: Evidence from payment flow data in Norway
Optimal interbank regulation
Inferring Interbank Loans and Interest Rates from Interbank Payments - an Evaluation
The interbank market puzzle
The topology of Danish interbank money flows
Gridlock resolution in interbank payment systems
A mixed duopoly in interbank payment services
Efficient pricing of large value interbank payment systems
Network topology of the Argentine interbank money market
Illiquidity in the interbank payment system following wide-scale disruptions
Developing the interbank payment system: Efficiency of public versus private investments
Interbank intermediation
Peer Monitoring vs. search costs in the interbank market: Evidence from payment flow data in Norway
Optimal interbank regulation
Inferring Interbank Loans and Interest Rates from Interbank Payments - an Evaluation
The interbank market puzzle
The topology of Danish interbank money flows
Gridlock resolution in interbank payment systems
A mixed duopoly in interbank payment services
Efficient pricing of large value interbank payment systems
Network topology of the Argentine interbank money market
Illiquidity in the interbank payment system following wide-scale disruptions
Developing the interbank payment system: Efficiency of public versus private investments
Interbank intermediation
Peer Monitoring vs. search costs in the interbank market: Evidence from payment flow data in Norway
Optimal interbank regulation
Inferring Interbank Loans and Interest Rates from Interbank Payments - an Evaluation