Money, credit, banking, and payments system policy
Marvin Goodfriend
Economic Review, 1991, vol. 77, issue Jan, 7-23
Abstract:
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.
Keywords: Payment; systems (search for similar items in EconPapers)
Date: 1991
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Working Paper: Money, credit, banking and payments system policy (1989) 
Journal Article: Money, credit, banking, and payment system policy (1988)
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedrer:y:1991:i:jan:p:7-23:n:v.77no.1
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