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Erscheinungsjahr: 
2006
Schriftenreihe/Nr.: 
Staff Report No. 243
Verlag: 
Federal Reserve Bank of New York, New York, NY
Zusammenfassung: 
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.
Schlagwörter: 
network, topology, interbank, payment, Fedwire, September 11, 2001
JEL: 
E59
E58
G1
Dokumentart: 
Working Paper

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