Bank behaviour and risks in CHAPS following the collapse of Lehman Brothers
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Olivier Armantier & Jeffrey Arnold & James J. McAndrews, 2008. "Changes in the timing distribution of Fedwire funds transfers," Economic Policy Review, Federal Reserve Bank of New York, vol. 14(Sep), pages 83-112.
- Anne Wetherilt & Peter Zimmerman & Kimmo Soramaki, 2010. "The sterling unsecured loan market during 2006-08: insights from network theory," Bank of England working papers 398, Bank of England.
- Manning, Mark & Nier, Erlend & Schanz, Jochen (ed.), 2009. "The Economics of Large-value Payments and Settlement: Theory and Policy Issues for Central Banks," OUP Catalogue, Oxford University Press, number 9780199571116, Decembrie.
- Merrouche, Ouarda & Schanz, Jochen, 2010.
"Banks' intraday liquidity management during operational outages: Theory and evidence from the UK payment system,"
Journal of Banking & Finance, Elsevier, vol. 34(2), pages 314-323, February.
- Merrouche, Ouarda & Schanz, Jochen, 2009. "Banks' intraday liquidity management during operational outages: theory and evidence from the UK payment system," Bank of England working papers 370, Bank of England.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Evangelos Benos & Rodney J. Garratt & Peter Zimmerman, 2014. "The Role of Counterparty Risk in CHAPS Following the Collapse of Lehman Brothers," International Journal of Central Banking, International Journal of Central Banking, vol. 10(4), pages 143-172, December.
- Neville Arjani & Ronald Heijmans, 2020. "Is there anybody out there? Detecting operational outages from LVTS transaction data," Working Papers 683, DNB.
- Constanza Martínez & Freddy Cepeda, 2015.
"Reaction Functions of the Participants in Colombia’s Large-value Payment System,"
Borradores de Economia
875, Banco de la Republica de Colombia.
- Constanza Mart�nez & Freddy Cepeda, 2015. "Reaction Functions of the Participants in Colombia�s Large-value Payment System," Borradores de Economia 12651, Banco de la Republica.
- Denbee, Edward & Julliard, Christian & Li, Ye & Yuan, Kathy, 2021.
"Network risk and key players: A structural analysis of interbank liquidity,"
Journal of Financial Economics, Elsevier, vol. 141(3), pages 831-859.
- Edward Denbee & Christian Julliard & Ye Li & Kathy Yuan, 2014. "Network Risk and Key Players: A Structural Analysis of Interbank Liquidity," FMG Discussion Papers dp734, Financial Markets Group.
- Denbee, Edward & Julliard, Christian & Li, Ye & Yuan, Kathy, 2018. "Network Risk and Key Players: A Structural Analysis of Interbank Liquidity," Working Paper Series 2018-11, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
- Denbee, Edward & Julliard, Christian & Yepremyan, Liana & Yuan, Kathy, 2014. "Network risk and key players: a structural analysis of interbank liquidity," LSE Research Online Documents on Economics 119028, London School of Economics and Political Science, LSE Library.
- Denbee, Edward & Julliard, Christian & Li, Ye & Yuan, Kathy, 2021. "Network risk and key players: a structural analysis of interbank liquidity," LSE Research Online Documents on Economics 106280, London School of Economics and Political Science, LSE Library.
- Evangelos Benos & Gerardo Ferrara & Pedro Gurrola-Perez, 2017. "The impact of de-tiering in the United Kingdom’s large-value payment system," Bank of England working papers 676, Bank of England.
- Foote, Elizabeth, 2014. "Information asymmetries and spillover risk in settlement systems," Journal of Banking & Finance, Elsevier, vol. 42(C), pages 179-190.
- Edward Denbee & Rodney Garratt & Peter Zimmerman, 2014. "Variations in liquidity provision in real-time payment systems," Bank of England working papers 513, Bank of England.
- Ben Craig & Dilyara Salakhova & Martin Saldias, 2018. "Payments delay: propagation and punishment," Working papers 671, Banque de France.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Evangelos Benos & Rodney J. Garratt & Peter Zimmerman, 2014. "The Role of Counterparty Risk in CHAPS Following the Collapse of Lehman Brothers," International Journal of Central Banking, International Journal of Central Banking, vol. 10(4), pages 143-172, December.
- Evangelos Benos & Gerardo Ferrara & Pedro Gurrola-Perez, 2017. "The impact of de-tiering in the United Kingdom’s large-value payment system," Bank of England working papers 676, Bank of England.
- Ouarda Merrouche & Jochen Schanz, 2009. "Banks' intraday liquidity management during operational outages: theory and evidence from the UK payment system," Bank of England working papers 370, Bank of England.
- Tomohiro Ota, 2011. "Intraday two-part tariff in payment systems," Bank of England working papers 428, Bank of England.
- Alexandrova-Kabadjova Biliana & Solís-Robleda Francisco, 2013. "Managing Intraday Liquidity: The Mexican Experience," Working Papers 2013-01, Banco de México.
- Schulz, Christian, 2011. "Liquidity requirements and payment delays - participant type dependent preferences," Working Paper Series 1291, European Central Bank.
- Bartolini, Leonardo & Hilton, Spence & McAndrews, James J., 2010.
"Settlement delays in the money market,"
Journal of Banking & Finance, Elsevier, vol. 34(5), pages 934-945, May.
- Leonardo Bartolini & R. Spence Hilton & James J. McAndrews, 2008. "Settlement delays in the money market," Staff Reports 319, Federal Reserve Bank of New York.
- Marcelo Perlin & Jochen Schanz, 2011. "System-wide liquidity risk in the United Kingdom’s large-value payment system: an empirical analysis," Bank of England working papers 427, Bank of England.
- Merrouche, Ouarda & Schanz, Jochen, 2010.
"Banks' intraday liquidity management during operational outages: Theory and evidence from the UK payment system,"
Journal of Banking & Finance, Elsevier, vol. 34(2), pages 314-323, February.
- Merrouche, Ouarda & Schanz, Jochen, 2009. "Banks' intraday liquidity management during operational outages: theory and evidence from the UK payment system," Bank of England working papers 370, Bank of England.
- Tomohiro Ota, 2016. "Sequential payments and optimal pricing in payment systems," Annals of Finance, Springer, vol. 12(3), pages 441-463, December.
- Abbassi, Puriya & Bräuning, Falk & Fecht, Falko & Peydró, José-Luis, 2014.
"Cross-border liquidity, relationships and monetary policy: Evidence from the Euro area interbank crisis,"
Discussion Papers
45/2014, Deutsche Bundesbank.
- Fecht, Falko & Peydró, José-Luis & Abbassi, Puriya & Bräuning, Falk, 2015. "Cross-Border Liquidity, Relationships and Monetary Policy: Evidence from the Euro Area Interbank Crisis," CEPR Discussion Papers 10479, C.E.P.R. Discussion Papers.
- Dasha Safonova, 2017. "Interbank Network Disruptions and The Real Economy," 2017 Meeting Papers 1568, Society for Economic Dynamics.
- Nellie Zhang, 2015. "Changes in Payment Timing in Canada’s Large Value Transfer System," Staff Working Papers 15-20, Bank of Canada.
- Marius Jurgilas & Antoine Martin, 2013.
"Liquidity-saving mechanisms in collateral-based RTGS payment systems,"
Annals of Finance, Springer, vol. 9(1), pages 29-60, February.
- Jurgilas, Marius & Martin, Antoine, 2010. "Liquidity-saving mechanisms in collateral-based RTGS payment systems," Bank of England working papers 389, Bank of England.
- Marius Jurgilas & Antoine Martin, 2010. "Liquidity-saving mechanisms in collateral-based RTGS payment systems," Staff Reports 438, Federal Reserve Bank of New York.
- Iwańczuk-Kaliska Anna, 2017. "Challenges for central banks in a changing payments landscape," Financial Internet Quarterly (formerly e-Finanse), Sciendo, vol. 13(2), pages 75-86, December.
- Robleh Ali & John Barrdear & Roger Clews & James Southgate, 2014. "Innovations in payment technologies and the emergence of digital currencies," Bank of England Quarterly Bulletin, Bank of England, vol. 54(3), pages 262-275.
- Erlend Nier, 2009. "Financial Stability Frameworks and the Role of Central Banks: Lessons From the Crisis," IMF Working Papers 2009/070, International Monetary Fund.
- Simplice A. Asongu, 2013.
"Post‐crisis bank liquidity risk management disclosure,"
Qualitative Research in Financial Markets, Emerald Group Publishing Limited, vol. 5(1), pages 65-84, April.
- Simplice A., Asongu, 2010. "Post-crisis bank liquidity risk management disclosure," MPRA Paper 27266, University Library of Munich, Germany.
- Asongu Simplice, 2010. "Post-Crisis Bank Liquidity Risk Management Disclosure," Working Papers of the African Governance and Development Institute. 10/002, African Governance and Development Institute., revised 08 Aug 2011.
- Mcandrews, James & Kroeger, Alexander, 2016.
"The payment system benefits of high reserve balances,"
Journal of Payments Strategy & Systems, Henry Stewart Publications, vol. 10(1), pages 72-83, March.
- Alexander Kroeger & James J. McAndrews, 2016. "The payment system benefits of high reserve balances," Staff Reports 779, Federal Reserve Bank of New York.
- Vahidin Jeleskovic & Anastasios Demertzidis, 2018. "Comparing different methods for the estimation of interbank intraday yield curves," MAGKS Papers on Economics 201839, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
More about this item
Keywords
Payments; Intraday liquidity; Credit default swap; Operational outage; Insurance;All these keywords.
JEL classification:
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2012-07-01 (Banking)
- NEP-CBA-2012-07-01 (Central Banking)
- NEP-IAS-2012-07-01 (Insurance Economics)
- NEP-MAC-2012-07-01 (Macroeconomics)
- NEP-RMG-2012-07-01 (Risk Management)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:boe:boeewp:0451. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Digital Media Team (email available below). General contact details of provider: https://edirc.repec.org/data/boegvuk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.