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Efficiency and technical progress in check processing

Bauer, Paul W. - In: Economic Review (1993) Q III, pp. 24-38

An examination of the cost of providing check-processing services at 47 Federal Reserve offices between 1983:1Q and 1990:IVQ, demonstrating how the Fed's unit cost measures can be decomposed into separate effects related to differences in cost efficiency, output mix, input prices, and...

Persistent link: https://www.econbiz.de/10005360800

The economics of payment finality

Kahn, Charles M.; Roberds, William - In: Economic Review (2002) Q2, pp. 1-12

Payment finality is critical to decentralized exchange. By specifying how the transfer of one type of claim extinguishes another, the rules governing finality minimize opportunities for default along credit chains and allocate other risks. ; The authors provide a basic analysis of finality and...

Persistent link: https://www.econbiz.de/10005360955

Check-cashing outlets in the U.S. financial system

Caskey, John P. - In: Economic Review (1991) Nov, pp. 53-67

Persistent link: https://www.econbiz.de/10005379539

The use of cash and transaction accounts by American families

Avery, Robert B.; Elliehausen, Gregory E.; Kennickell, … - In: Federal Reserve Bulletin (1986) Feb, pp. 87-108

Persistent link: https://www.econbiz.de/10005380000

Trends in the use of payment instruments in the United States

Gerdes, Geoffrey R.; II, Jack K. Walton; Liu, May X.; … - In: Federal Reserve Bulletin (2005) Spr, pp. 180-201

being made with electronic payment instruments. As in past years, however, the value of checks far exceeded the value of … serve. For example, at credit unions, which generally serve individuals rather than businesses, checks accounted for a …, declined slightly. The rate at which checks are returned also declined, while the rate of returned ACH payments--almost twice …

Persistent link: https://www.econbiz.de/10005380345

Changes to increase efficiency in Federal Reserve Bank check services

In: Federal Reserve Bulletin (2003) Mar, pp. 126-127

Persistent link: https://www.econbiz.de/10005386911

Why do Americans still write checks?

Gowrisankaran, Gautam - In: FRBSF Economic Letter (2002)

Persistent link: https://www.econbiz.de/10005346925

Payments fraud : consumer considerations

Bradford, Terri; Cundiff, Bruce - In: Payments System Research Briefing (2006) May

This article examines the potential for fraud associated with various "traditional" payment methods and the protective measures that consumers should take when using them.

Persistent link: https://www.econbiz.de/10005352102

Philippines; 2005 Article IV Consultation and Post-Program Monitoring Discussions: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and S...

International Monetary Fund (IMF); International … - 2006

The staff report for the 2005 Article IV Consultation on the Philippines highlights managing short-term vulnerabilities and higher investment and growth. Power generation tariffs have been raised to substantially cut the losses of the National Power Corporation (NPC). A risk to the near-term...

Persistent link: https://www.econbiz.de/10005252861

Central Bank Collateral Frameworks; Principles and Policies

McCaughrin, Rebecca; Gray, Simon; Chailloux, Alexandre - International Monetary Fund (IMF) - 2008

Central bank collateral policies came under pressure with the 2007-08 financial market crisis. This paper addresses the rationale for and constraints in taking collateral, and recent practices in different collateral frameworks. It then considers the risks of adverse selection. The paper...

Persistent link: https://www.econbiz.de/10005263899