Payment system design can encourage intraday liquidity efficiency

Rosie Levy
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Rosie Levy: https://www.dallasfed.org/research/economists/levy

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: Efficient allocation of bank reserves improves central bank balance sheet efficiency. Frictions in such redistribution can affect monetary policy implementation.

Keywords: liquidity; payments; payment systems (search for similar items in EconPapers)
Date: 2025-10-02
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:101900

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