Money, Credit, Banking, and Payments System Policy
Article
Money, Credit, Banking, and Payments System Policy
Money, Credit, Banking, and Payments System Policy
Money, Credit, Banking, and Payments System Policy
Jan/Feb
1991
Money, Credit, Banking, and Payments System Policy
Marvin Goodfriend {margoo1}
<p>This article employs contract theory to analyze the evolution of the payments system. Insights gained are used subsequently to evaluate three prominent public payments system policies: monetary policy, central bank lending, and deposit insurance.</p>
/RichmondFedOrg/publications/research/economic_review/1991/pdf/er770102.pdf
Payments & Policy
1
Payments
Monetary Policy
Lending
<p>This article employs contract theory to analyze the evolution of the payments system. Insights gained are used subsequently to evaluate three prominent public payments system policies: monetary policy, central bank lending, and deposit insurance.</p>
Economic Review
Jan/Feb
1991