Beyeler, Walter E.; Glass, Robert J.; Bech, Morten L.; … - 2006
achieve strong beneficial effects.
Key words: network, topology, interbank, payment, money market, sandpile model,
congestion … money, foreign
exchange or securities markets. The Fedwire Funds Service operated by the U.S. Federal
Reserve, for … congestion in the payment system can propagate into the
economy by restricting money flow among banks and eventually among their …