Borradores de Economia
Número:
946
Publicado:
Clasificación JEL:
E42
Palabras clave:
Tiering, RTGS Payment Systems, Liquidity, Credit risk
Lo más reciente
Oscar Botero-Ramírez, Andrés Murcia, Hernando Vargas-Herrera
Juliana Jaramillo-Echeverri, Adriana Sofía Rodríguez
Gaurav Khanna, Carlos Alberto Medina-Durango, Anant Nyshadham, Daniel Ramos-Menchelli, Jorge Andrés Tamayo-Castaño, Audrey Tiew
Even though international authorities encourage open and wide access to large value payment systems, the optimal level of access, or tiering, is still an open question. In the case of real-time gross settlement systems (RTGS) the level of access, or tieri