Bank of Canada
“The Bank of Canada’s Exposure to Default Risk in Canada’s Large Value Transfer System,” with J. Chapman and N. Zhang, Staff Working Paper, forthcoming.
“Project Jasper: A Canadian Experiment with Distributed Ledger Technology for Domestic Interbank Payments Settlement,” September 29, 2017 (technical white paper written by contributors from the Bank of Canada, Payments Canada and R3).
“Which Bank is the ‘Central’ Bank? An Application of Markov Theory to the Canadian Large Value Transfer System,” with M. Bech and J. Chapman, Staff Working Papers 08-42, Bank of Canada, 2008.
Bank of England
“The economics of distributed ledger technology for securities settlement,” with E. Benos and P. Gurrola-Perez, Staff Working Paper No. 670, 2017.
“Variations in liquidity provision in real-time payment systems,” with Edward Denbee and Peter Zimmerman, Bank of England Working Paper #513, October, 2014.
“Bank behaviour and risks in CHAPS following the collapse of Lehman Brothers” with Evangelos Benos and Peter Zimmerman, Bank of England Working Paper #451, June, 2012.
“Using Shapley’s Asymmetric Power Index to Measure Banks’ Contributions to Systemic Risk” with Lewis Webber and Matthew Willison, Bank of England Working Paper #468, October, 2012.
“Mapping systemic risk in the international banking network” with Lavan Mahadeva and Katsiaryna Svirydzenka, Bank of England Working Paper #413, March 2011.
FRBNY Discussion Papers/Staff Reports
“Nonlinear Pricing with Competition: The Market for Settling Payments” with Adam Copeland, Federal Reserve Bank of New York Staff Report no. 737, August 2015.
“Segregated Balance Accounts” with Antoine Martin, Jamie McAndrews and Ed Nosal, Federal Reserve Bank of New York Staff Report no. 730, May 2015.
“Does a Central Clearing Reduce Counterparty Risk in Realistic Financial Networks?” with Peter Zimmerman, Federal Reserve Bank of New York Staff Report no. 717, March 2015.
“Mapping Change in the Federal Funds Market,” with Morten Bech, Carl Bergstrom and Martin Rosvall, Federal Reserve Bank of New York Staff Report no. 507, August 2011.
“Illiquidity in the Interbank Payment System following Wide-Scale Disruptions,” with Morten Bech, Federal Reserve Bank of New York Staff Report, no. 239, March 2006.
Committee on Payments and Market Infrastructures
“Central Bank Digital Currencies,” report submitted by working groups of the CPMI and Markets Committee, Bank for International Settlements, March 2018 (significant contributor).
“Digital Currencies,” with fellow members of the CPMI working group on retail payments, Bank for International Settlements, November 2015.