An agent-based model of payment systems with Marco Galbiati, Journal of Economic Dynamics and Control, Volume 35, Issue 6, June 2011, Pages 859-875.
	Liquidity-saving mechanisms and bank behaviour with Marco Galbiati, Bank of England Working Paper No. 400, August 2010.
	The sterling unsecured loan market during 2006-2008: insights from network topology with Anne Wetherlit and Peter Zimmerman, Bank of England Working Paper No. 398, August 2010. Also in: Simulation analyses and stress testing of payment networks - Proceedings from the Bank of Finland Payment and Settlement System Seminars 2007-2008 (ed. H. Leinonen), Bank of Finland Studies in Economics and Finance E:45, 2009
	The network topology of CHAPS Sterling with Christopher Becher and Stephen Millard, Bank of England Working Paper No. 355, 2008.
	Competition, bargaining power and pricing in two-sided markets with Wilko Bolt, DNB Working Paper No. 181, September 2008.
	An agent-based model of payment systems with Marco Galbiati, Bank of England working paper 352, August 2008.
	Global Trends in Large-Value Payments with C. Preisig and M. Bech, Federal Reserve Bank of New York Economic Policy Review, Volume 14, Number 2. September 2008.
	Congestion and cascades in payment systems with W.E. Beyeler, R.J. Glass and M.L. Bech, Physica A, Volume 384, Issue 2, pp 693-718, 2007.
	New approaches for payment system simulation research with M.L. Bech, W.E. Beyeler, and R.J. Glass, In: Simulation studies of liquidity needs, risks and efficiency in payment networks - Proceedings from the Bank of Finland Payment and Settlement System Seminars 2005-2006 (ed. H. Leinonen), Bank of Finland Studies in Economics and Finance E:39, 2007.
	The topology of interbank payment flows with M.L. Bech, J. Arnold, R.J. Glass and W.E. Beyeler, Physica A, Vol. 379, pp 317-333, 2007. Previous version: FRBNY Staff report no. 243, March 2006
	Economizing on liquidity with deferred settlement mechanisms with K. Johnson and J. McAndrews, Federal Reserve Bank of New York Economic Policy Review 10, no. 3, pp. 51-72, 2005.
	Systemic risk in a netting system revisited with M.L. Bech, In: Liquidity, risks and speed in payment and settlement systems - a simulation approach (ed. H. Leinonen), Bank of Finland Studies in Economics and Finance 31, pp. 275-296, 2005.
	Gridlock resolution and bank failures in payment systems with M.L. Bech, In: same as above. pp. 151-177.
	Systemic risk in alternative payment system designs with P. Galos, European Central Bank Working Paper, No. 508, July 2005.
	Simulation: A powerful research tool in payment and settlement systems with H. Leinonen, Journal of Financial Transformation, Vol 12, pp. 79-84, 2004.
	Simulating interbank payment and securities settlement mechanisms with the BoF-PSS2 simulator with H. Leinonen, Bank of Finland Discussion Paper 23, 2003.
	Liquidity, gridlocks, and bank failures in large value payment systems with M.L. Bech, In: E-money and Payment Systems Review, Central Banking Publications, pp. 111-126, 2002.
	Gridlock resolution in interbank payment systems with M.L. Bech, Bank of Finland Discussion Paper 9, 2001.
	Resolving gridlocks in payment systems with M.L. Bech, Monetary Review 4, Danmarks Nationalbank, pp. 67-80, 2001.
	Optimizing liquidity and settlement speed in payment systems with H. Leinonen, Bank of Finland Discussion Paper 16, 1999.
	Intraday liquidity needs in a modern interbank payment system - a Simulation Approach with R. Koponen, Bank of Finland Studies in Economics and Finance 14. 1997.