@article{Application:1499,
      recid = {1499},
      author = {Bech, Morten and Chapman, James and Garratt, Rod},
      title = {Which Bank is the "Central" Bank? An Application of Markov  Theory to the Canadian Large Value Transfer System},
      publisher = {Bank of Canada},
      address = {2008},
      pages = {1 online resource (iii, 18 pages)},
      abstract = {We use a method similar to Google's PageRank procedure to  rank banks in the Canadian Large Value Transfer System  (LVTS). Along the way we obtain estimates of the payment  processing speeds for the individual banks. These  differences in processing speeds are essential for  explaining why observed daily distributions of liquidity  differ from the initial distributions, which are determined  by the credit limits selected by banks.},
      url = {http://www.oar-rao.bank-banque-canada.ca/record/1499},
      doi = {https://doi.org/10.34989/swp-2008-42},
}