Scale economies and technological change in Federal Reserve ACH payment processing

Paul Bauer () and Diana Hancock

Economic Review, 1995, issue Q III, pages 14-29

Abstract: An analysis of the contribution of scale economies, technological change, and falling input prices to the absolute reduction in the real processing costs of an ACH transfer over the 1979-94 period.

Keywords: Clearinghouses; (Banking) (search for similar items in EconPapers)
Date: 1995
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