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Economic history: The counterfeiting weapon: Attacks against American currency began in 1776
Rhodes, Karl - In: Econ Focus (2012) 1Q, pp. 34-37
Related links: http://www.richmondfed.org/publications/research/region_focus/2012/q1/economic_history_weblinks.cfm
Persistent link: https://www.econbiz.de/10010724925
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Information and liquidity: a discussion
Rocheteau, Guillaume - Federal Reserve Bank of Cleveland - 2009
I extend and discuss the model of asset liquidity by Lester, Postlewaite, and Wright (2007, 2008). I consider a model with decentralized trades in which claims on a real and divisible asset serve as means of payment. A recognizability problem is introduced by assuming that the claims on the...
Persistent link: https://www.econbiz.de/10004994162
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Making money keeps getting easier
McIntyre, Lee - In: Regional Review (2000) Q2, pp. 18-24
Persistent link: https://www.econbiz.de/10005717828
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Comment on Cavalcanti and Nosal's "Counterfeiting as private money in mechanism design"
Monnet, Cyril - Federal Reserve Bank of Philadelphia - 2010
money and unrestricted money holdings. He shows that when trade takes place in Walrasian markets, counterfeits circulate and …
Persistent link: https://www.econbiz.de/10008676449
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Handicapping currency design: counterfeit deterrence and visual accessibility in the United States and abroad
Williams, Marcela M.; Anderson, Richard G. - Federal Reserve Bank of St. Louis - 2007
Despite the increasing use of electronic payments, currency retains an important role in the payments system of every country. Two aspects of currency usage drive currency design worldwide: deterring counterfeiting and making paper currency accessible to the visually impaired. Further, among the...
Persistent link: https://www.econbiz.de/10005352783
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Will the new $100 bill decrease counterfeiting?
Green, Edward J.; Weber, Warren E. - Federal Reserve Bank of Minneapolis - 1996
withdraw from circulation all of the old-style currency. This policy is analyzed in a random-matching model of money, and its … counterfeit old-style money go out of circulation - immediately in one and gradually in the other. There are objectives and …
Persistent link: https://www.econbiz.de/10004994133
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Controlling risk in a lightning-speed trading environment
Clark, Carol L. - Federal Reserve Bank of Chicago - 2010
A small group of high-frequency algorithmic trading firms have invested heavily in technology to leverage the nexus of high-speed communications, mathematical advances, trading and high-speed computing. By doing so, they are able to complete trades at lightning speeds. High-frequency algorithmic...
Persistent link: https://www.econbiz.de/10008493874
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Estimating the volume of counterfeit U.S. currency in circulation worldwide: data and extrapolation
Judson, Ruth; Porter, Richard - Federal Reserve Bank of Chicago - 2010
The incidence of currency counterfeiting and the possible total stock of counterfeits in circulation are popular topics of speculation and discussion in the press and are of substantial practical interest to the U.S. Treasury and the U.S. Secret Service. This paper assembles data from Federal...
Persistent link: https://www.econbiz.de/10008493875
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Estimating the worldwide volume of counterfeit U.S. currency: data and extrapolation
Judson, Ruth; Porter, Richard - Federal Reserve Board (Board of Governors of the … - 2003
The incidence of currency counterfeiting and the possible total stock of counterfeits in circulation are popular topics of speculation and discussion in the press and are of substantial practical interest to the U.S. Treasury and the U.S. Secret Service. This paper assembles data from Federal...
Persistent link: https://www.econbiz.de/10005393935
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On the threat of counterfeiting
Li, Yiting; Rocheteau, Guillaume - Federal Reserve Bank of Cleveland - 2008
equilibrium exists irrespective of the cost of producing counterfeits, or the ease with which genuine money can be authenticated …. However, the possibility to counterfeit ?at money can affect its value, velocity, output and welfare, even if no … costly to counterfeit or easier to recognize raise the value of money and society’s welfare, but the latter policy does not …
Persistent link: https://www.econbiz.de/10005428238