Efficiency and technical progress in check processing

Paul Bauer ()

Economic Review, 1993, issue Q III, pages 24-38

Abstract: 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 environmental variables.

Keywords: Checks; Payment systems (search for similar items in EconPapers)
Date: 1993
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Persistent link: http://EconPapers.repec.org/RePEc:fip:fedcer:y:1993:i:qiii:p:24-38:n:v.29no.3

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