Kinda obscure but relevant to list ------ Forwarded Message > From: Karen Carter <[EMAIL PROTECTED]> > Reply-To: <[EMAIL PROTECTED]> > Date: Tue, 28 Mar 2006 16:23:30 -0500 > To: <[EMAIL PROTECTED]> > Subject: New Research from the New York Fed: 3/29/06 > > > 3) ³The Topology of Interbank Payment Flows,² by Kimmo Soramäki, Morten L. > Bech, Jeffrey Arnold, Robert J. Glass, and Walter E. Beyeler > The authors explore the network topology of the interbank payments transferred > between commercial banks over the Fedwire Funds Service. They 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. The authors find > that the properties of the network changed considerably in the immediate > aftermath of the attacks of September 11, 2001. > Read the full report: > http://www.newyorkfed.org/research/staff_reports/sr243.html
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