Diagnostics for the financial markets – computational studies of payment system: Simulator Seminar Proceedings 2009–2011
AbstractThis publication consists of fifteen studies on payment and settlement systems conducted using computational or simulation techniques. The studies have been presented at the simulator seminars arranged by the Bank of Finland during the years 2009–2011. The main focus of the studies is on the analysis of payment-systems data, which constitute a virtual real-time pulse of the financial system. The data are used in the studies to develop new indicators or diagnostics, to quantify systemic risks, to analyze liquidity usage, to test or develop new system structures, and to study participants’ behavior. The studies examine payment systems in several countries, concentrating mainly on largevalue payment systems
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Bibliographic InfoPaper provided by Bank of Finland in its series Scientific Monographs with number E:45/2012.
Length: 464 pages
Date of creation: 25 Jul 2012
Date of revision:
simulation; payment system; settlement system; liquidity; systemic risk; risk indicators; free riding; liquidity saving mechanism tiering; behavioral modeling; RTGS;
Find related papers by JEL classification:
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
- C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data
- D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- G01 - Financial Economics - - General - - - Financial Crises
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
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