WP 59/2008: The Topology of Danish Interbank Money Flows December 2008 |  |
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| Author(s): | Bech, Morten Linnemann; Rørdam, Kirsten Bonde | | Subject: | Payment and settlement systems | | Type: | Working Papers | | Year of publication: | 2008 | | Date of publication: | 12/16/2008 |
This paper presents the first topological analysis of Danish money market flows. We analyze the structure of two networks with different types of transactions. The first network is the money market network, which is driven by banks' behaviour on the interbank market, the second is the network of customer driven transactions, which is driven by banks' customers' transactions demand. We show that the structure of these networks differ. This paper adds to the new and growing literature on network topological analysis of payment systems.
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