Congestion and cascades in payment systems
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Abstract
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Note: For a published version of this report, see Walter E. Beyeler, Robert J. Glass, Morten Bech, and Kimmo Soramäki, "Congestion and Cascades in Payment Systems," Physica A: Statistical Mechanics and Its Applications 384, no. 2 (October 2007): 693-718.
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- Beyeler, Walter E. & Glass, Robert J. & Bech, Morten L. & Soramäki, Kimmo, 2007. "Congestion and cascades in payment systems," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 384(2), pages 693-718.
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More about this item
Keywords
network; topology; interbank; payment; money markets; sandpile model; congestion;All these keywords.
JEL classification:
- C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
- G20 - Financial Economics - - Financial Institutions and Services - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2006-10-14 (Banking)
- NEP-FMK-2006-10-14 (Financial Markets)
- NEP-NET-2006-10-14 (Network Economics)
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