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Efficiency and technical progress in check processing

Paul Bauer ()

Economic Review, 1993, vol. 29, issue Q III, 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.

Date: 1993
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