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Private clearinghouses and the origins of central banking

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  • Gary Gorton, 1984. "Private clearinghouses and the origins of central banking," Business Review, Federal Reserve Bank of Philadelphia, issue Jan/Feb, pages 3-12.
    • Handle: RePEc:fip:fedpbr:y:1984:i:jan/feb:p:3-12
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/1984/brjf84gg.pdf
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    Cited by:

    1. Gorton, Gary & Huang, Lixin, 2006. "Bank panics and the endogeneity of central banking," Journal of Monetary Economics, Elsevier, vol. 53(7), pages 1613-1629, October.
    2. Tomura, Hajime, 2018. "Payment instruments and collateral in the interbank payment system," Journal of Economic Theory, Elsevier, vol. 178(C), pages 82-104.
    3. Edoardo Gaffeo & Mauro Gallegati & Lucio Gobbi, 2022. "Endogenous clearinghouse formation in payment networks," Review of Evolutionary Political Economy, Springer, vol. 3(1), pages 109-136, April.
    4. Daniel Sanches, 2016. "On The Welfare Properties Of Fractional Reserve Banking," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57, pages 935-954, August.
    5. Eichengreen, Barry, 2001. "What problems can dollarization solve?," Journal of Policy Modeling, Elsevier, vol. 23(3), pages 267-277, April.

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