Publications

The Intraday Liquidity Management Game  
With Rod Garratt
Forthcoming,Journal of Economic Theory
39 pages / 397 kb
See also ››
Previously circulated as Federal Reserve Bank of New York Staff Reports, Vol. 14, No. 2, September 2008

Congestion and Cascades in Payment Systems
With W. E. Beyeler, R. J. Glass and K. Soramäki
Physica A: Statistical Mechanics and its Applications, Volume 384, Issue 2, October 2007, 693 - 718

Technology Diffusion within Central Banking: The Case of Real Time Gross Settlement 
With B. Hobijn
International Journal of Central Banking' Volume 3, Number 3, September 2007, 147-182

Central Banks' Interest Calculating Conventions: Deviating from the Intraday/Overnight Status Quo
With M. Willison, J. Yang and G. Spreight
The Future of Payments, Routledge International Studies in Money and Banking, Editors: S. Millard, A. Haldane, V. Saporta, London: Routledge, September 2007

The Topology of Interbank Payment Flows
With W. E. Beyeler, R. J. Glass, K. Soramäki and J. Arnold
Physica A: Statistical Mechanics and its Applications, Volume 379, Issue 1, June 2007, 317-333

The Intraday Liquidity Management Game
With R. Garratt
Journal of Economic Theory, 109 (2003), 198-219

Liquidity, Gridlocks and Bank Failures in Large Value Payment Systems 
With Kimmo Soramäki
E-money and Payment Systems Review, Central Banking Publications, Ltd., London

Systemic Risk in the Danish Interbank Netting System  
With Bo Madsen and Lone Natorp
Danmarks Nationalbank, Working Paper, 8/2002
25 pages / 268 kb

Gridlock Resolution in Payment Systems 
With Kimmo Soramäki
Danmarks Nationalbank, Monetary review, 4th Quarter 2001

Gridlock Resolution in Interbank Payment Systems  
With Kimmo Soramäki
Bank of Finland Discussion Paper, 9/2001
34 pages / 239 kb

Earnings of Danish Banks 
With Michael Olsen
Danmarks Nationalbank, Monetary Review, 2nd Quarter 1998

Morten Bech's CV

The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.