James Chapman - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T08:09:47+00:00Which Bank is the "Central" Bank? An Application of Markov Theory to the Canadian Large Value Transfer System
https://www.bankofcanada.ca/2008/10/working-paper-2008-42/
We use a method similar to Google's PageRank procedure to rank banks in the Canadian Large Value Transfer System (LVTS). Along the way we obtain estimates of the payment processing speeds for the individual banks.2008-10-26T16:11:24+00:00enWhich Bank is the "Central" Bank? An Application of Markov Theory to the Canadian Large Value Transfer System2008-10-26Payment clearing and settlement systemsWorking Paper 2008-42 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-42.pdfWhich Bank is the "Central" Bank? An Application of Markov Theory to the Canadian Large Value Transfer SystemMorten BechJames ChapmanRodney J. GarrattOctober 2008CC1C11EE5E50GG2G20Liquidity Efficiency and Distribution in the LVTS: Non-Neutrality of System Changes under Network Asymmetry
https://www.bankofcanada.ca/2008/07/discussion-paper-2008-11/
The authors consider the liquidity efficiency of Tranche 2 of the Large Value Transfer System (LVTS T2) by examining, through an empirical analysis, some plausible strategic reactions of individual participants to a systemwide shock to available liquidity in the system.2008-07-25T13:58:03+00:00enLiquidity Efficiency and Distribution in the LVTS: Non-Neutrality of System Changes under Network Asymmetry2008-07-25Financial institutionsFinancial servicesPayment clearing and settlement systemsDiscussion Paper 2008-11https://www.bankofcanada.ca/wp-content/uploads/2010/01/dp08-11.pdfLiquidity Efficiency and Distribution in the LVTS: Non-Neutrality of System Changes under Network AsymmetrySean O'ConnorJames ChapmanKirby MillarJuly 2008GG2G21LL1L13L14A Model of Tiered Settlement Networks
https://www.bankofcanada.ca/wp-content/uploads/2012/01/fsr-0608-chapman.pdf
2008-06-21T15:58:05+00:00enA Model of Tiered Settlement Networks2008-06-21Policy Coordination in an International Payment System
https://www.bankofcanada.ca/2008/05/working-paper-2008-17/
Given the increasing interdependence of both financial systems and attendant payment and settlement systems a vital question is what form should optimal policy take when there are two connected payment systems with separate regulators.2008-05-28T16:09:50+00:00enPolicy Coordination in an International Payment System2008-05-28Exchange rate regimesPayment clearing and settlement systemsWorking Paper 2008-17 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-17.pdfPolicy Coordination in an International Payment SystemJames ChapmanMay 2008EE4E42E5E58FF3F31F33A Model of Tiered Settlement Networks
https://www.bankofcanada.ca/2008/05/working-paper-2008-12/
This paper develops a model of settlement system to study the endogenous structure of settlement networks, and the welfare consequences of clearing agent failure. The equilibrium degree of tiering is endogenously determined by the cost structure and the information structure.2008-05-04T12:14:42+00:00enA Model of Tiered Settlement Networks2008-05-04Payment clearing and settlement systemsWorking Paper 2008-12 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-12.pdfA Model of Tiered Settlement NetworksJames ChapmanJonathan ChiuMiguel MolicoMay 2008EE4E42E5E58GG2G21