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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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Citations: View citations in EconPapers (5)

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Related works:
Working Paper: Money, credit, banking and payments system policy (1989) Downloads
Journal Article: Money, credit, banking, and payment system policy (1988)
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