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Optimal employment of scale economies in the Federal Reserve's currency infrastructure

Paul Bauer (), Apostolos Burnetas, Viswanath Cvsa and Gregory Reynolds

No 9810, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: Given estimates of shipping costs and scale economies for high-speed currency sorting, the authors investigate whether the Federal Reserve might lower its costs by reallocating the volume of sorting among its processing sites.

Keywords: Money; Federal Reserve banks - Costs (search for similar items in EconPapers)
Date: 1998, Revised 1998
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Handle: RePEc:fip:fedcwp:9810