eprintid: 1098
rev_number: 10
eprint_status: archive
userid: 6
dir: disk0/00/00/10/98
datestamp: 2012-02-01 12:00:55
lastmod: 2016-04-06 08:58:18
status_changed: 2012-02-01 12:00:55
type: article
metadata_visibility: show
creators_name: Iori, Giulia
creators_name: De Masi, Giulia
creators_name: Precup, Ovidiu Vasile
creators_name: Gabbi, Giampaolo
creators_name: Caldarelli, Guido
creators_id: 
creators_id: 
creators_id: 
creators_id: 
creators_id: guido.caldarelli@imtlucca.it
title: A network analysis of the Italian overnight money market
ispublished: pub
subjects: HA
subjects: HG
divisions: EIC
full_text_status: none
keywords: Interbank market; Financial stability; Random networks; 
JEL classification: E5; G21
abstract: The objective of this paper is to analyse the network topology of the Italian segment of the European overnight money market through methods of statistical mechanics applied to complex networks. We investigate differences in the activities of banks of different sizes and the evolution of their connectivity structure over the maintenance period. The main purpose of the analysis is to establish the potential implications of the current institutional arrangements on the stability of the banking system and to assess the efficiency of the interbank market in terms of absence of speculative and preferential trading relationships.
date: 2008
date_type: published
publication: Journal of Economic Dynamics and Control
volume: 32
number: 1
publisher: Elsevier
pagerange: 259 - 278
id_number: 10.1016/j.jedc.2007.01.032
refereed: TRUE
issn: 0165-1889
official_url: http://www.sciencedirect.com/science/article/pii/S0165188907000474
citation:   Iori, Giulia and De Masi, Giulia and Precup, Ovidiu Vasile and Gabbi, Giampaolo and Caldarelli, Guido  A network analysis of the Italian overnight money market.  Journal of Economic Dynamics and Control, 32 (1).  259 - 278.  ISSN 0165-1889      (2008)