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Can the Fed be a payment system innovator?

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  • Jeffrey M. Lacker
  • John A. Weinberg

Abstract

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Suggested Citation

  • Jeffrey M. Lacker & John A. Weinberg, 1998. "Can the Fed be a payment system innovator?," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 1-25.
  • Handle: RePEc:fip:fedreq:y:1998:i:spr:p:1-25
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    File URL: https://www.richmondfed.org/-/media/RichmondFedOrg/publications/research/economic_quarterly/1998/spring/pdf/lacker.pdf
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    References listed on IDEAS

    as
    1. Nicholas Economides, 1997. "The Economics of Networks," Brazilian Electronic Journal of Economics, Department of Economics, Universidade Federal de Pernambuco, vol. 1(0), December.
    2. R. Alton Gilbert, 1998. "Did the Fed's founding improve the efficiency of the U.S. payments system?," Review, Federal Reserve Bank of St. Louis, issue May, pages 121-142.
    3. Joanna Stavins, 1997. "A comparison of social costs and benefits of paper check presentment and ECP with truncation," New England Economic Review, Federal Reserve Bank of Boston, issue Jul, pages 27-44.
    4. repec:aei:rpbook:53134 is not listed on IDEAS
    5. Edward J. Stevens, 1998. "Non-par banking: competition and monopoly in markets for payments services," Working Papers (Old Series) 9817, Federal Reserve Bank of Cleveland.
    6. John A. Weinberg, 1997. "The organization of private payment networks," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 25-44.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. George Kaufman, 1999. "Comments on “The Subsidy Provided by the Federal Safety Net: Theory and Measurement”," Journal of Financial Services Research, Springer;Western Finance Association, vol. 16(2), pages 147-152, December.
    2. repec:zbw:bofrdp:2003_016 is not listed on IDEAS
    3. Kari Kemppainen, 2004. "Competition and regulation in European retail payment systems," Microeconomics 0404008, University Library of Munich, Germany.
    4. Kemppainen, Kari, 2003. "Competition and regulation in European retail payment systems," Research Discussion Papers 16/2003, Bank of Finland.
    5. Kemppainen, Kari, 2003. "Competition and regulation in European retail payment systems," Bank of Finland Research Discussion Papers 16/2003, Bank of Finland.
    6. Jeffrey M. Lacker & Jeffrey D. Walker & John A. Weinberg, 1999. "The Fed's entry into check clearing reconsidered," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 1-32.
    7. Joanna Stavins, 2002. "Who uses electronic check products: a look at depository institutions," New England Economic Review, Federal Reserve Bank of Boston, issue Q 3, pages 3-16.
    8. Massimo Cirasino & Mario Guadamillas & José Antonio García & Fernando Montes-Negret, 2007. "Reforming Payments and Securities Settlement Systems in Latin America and the Caribbean," World Bank Publications - Books, The World Bank Group, number 6630, December.

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    Keywords

    Payment systems; Competition;

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