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Banks, payments, and coordination

McAndrews, James Joseph; Roberds, William - 1994

Persistent link: https://www.econbiz.de/10000900434

Banks, payments, and coordination

McAndrews, James Joseph - In: Journal of financial intermediation 4 (1995) 4, pp. 305-327

Persistent link: https://www.econbiz.de/10001190847

Financial crises and the payments system : lessons from the national banking era

Roberds, William - In: Economic review 80 (1995) 5, pp. 15-31

Persistent link: https://www.econbiz.de/10001201899

Changes in payments technology and the welfare cost of inflation

Roberds, William - In: Economic review 79 (1994) 3, pp. 1-12

Persistent link: https://www.econbiz.de/10001169345

Responding to a shadow banking crisis : the lessons of 1763

Quinn, Stephen F.; Roberds, William - In: Journal of money, credit and banking : JMCB 47 (2015) 6, pp. 1149-1176

Persistent link: https://www.econbiz.de/10011345086

Alternative arrangements for the distribution of intraday liquidity

McAndrews, James Joseph - In: Current issues in economics and finance 12 (2006) 3, pp. 1-7

Persistent link: https://www.econbiz.de/10003325509

The timing and funding of Fedwire Funds Transfers

McAndrews, James Joseph; Rajan, Samira - In: Economic policy review 6 (2000) 2, pp. 17-32

Persistent link: https://www.econbiz.de/10001495395

Liquidity effects of the events of September 11, 2001

McAndrews, James Joseph; Potter, Simon M. - In: Economic policy review 8 (2002) 2, pp. 59-79

Persistent link: https://www.econbiz.de/10001718579

Liquidity-Saving Mechanisms

Martin, Antoine; McAndrews, James Joseph - 2007

We study the incentives of participants in a real-time gross settlement system with and without the addition of a liquidity-saving mechanism (queue). Participants in our model face a liquidity shock and different costs for delaying payments. They trade off the cost of delaying a payment against...

Persistent link: https://www.econbiz.de/10014050916

Quantifying the Benefits of a Liquidity-Saving Mechanism

Atalay, Enghin - 2010

This paper attempts to quantify the benefits associated with operating a liquidity-saving mechanism (LSM) in Fedwire, the large-value payment system of the Federal Reserve. Calibrating the model of Martin and McAndrews (2008), we find that potential gains are large compared to the likely cost of...

Persistent link: https://www.econbiz.de/10013143478