Measuring the Impact of a Failing Participant in Payment Systems /

Banks and financial market infrastructures (FMIs) that are not able to fulfill their payment obligations can be a source of financial instability. This paper develops a composite risk indicator to evaluate the criticality of participants in a large value payment system network, combining liquidity r...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Heijmans, Ronald
Weitere Verfasser: Wendt, Froukelien
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2020.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2020/081
Online Zugang:Full text available on IMF