Payment Systems, Monetary Policy and the Role of the Central Bank - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Payment Systems, Monetary Policy and the Role of the Central Bank write by Mr.Richard K. Abrams. This book was released on 1998-03-18. Payment Systems, Monetary Policy and the Role of the Central Bank available in PDF, EPUB and Kindle. A payment system encompasses a set of instruments and means generally acceptable in making payments; the institutional and organizational framework governing such payments, including prudential regulation; and the operating procedures and communications network used to initiate and transmit payment information from payer to payee and to settle payments. This book, by Omotunde E.G. Johnson, with Richard K. Abrams, Jean-Marc Destresse, Tony Lybek, Nicholas Roberts, and Mark Swinburne, identifies main policy and strategic issues in payment system reform, describes the structure of payment systems in selected countries, highlights areas of consensus, and suggests the direction for future policy analysis.
The Federal Reserve System Purposes and Functions
The Federal Reserve System Purposes and Functions - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Federal Reserve System Purposes and Functions write by Board of Governors of the Federal Reserve System. This book was released on 2002. The Federal Reserve System Purposes and Functions available in PDF, EPUB and Kindle. Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
The Economics of Large-value Payments and Settlement
The Economics of Large-value Payments and Settlement - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Economics of Large-value Payments and Settlement write by Mark Manning. This book was released on 2009-09-24. The Economics of Large-value Payments and Settlement available in PDF, EPUB and Kindle. Central banks have over the past few years devoted considerable resource to the study of the economics of payments. In parallel, this field has begun to establish itself as a new subject for scholarly research, drawing in academic students and researchers. To date, however, there has been little attempt to draw together the key insights gained from this growing body of research. This volume seeks to offer just such a synthesis. It charts the frontier of our knowledge to date and puts it in the context of a comprehensive overview of the policy issues faced by central banks in this sphere. In particular, it explores central banks' roles in payment systems; the risks on which central banks focus in their oversight activities; and the challenges central banks face as the payments and settlement landscape evolves. The economics of payments is a multi-disciplinary field, taking in branches of economics such as monetary theory, search theory, game theory and industrial organisation. It also draws on techniques from network theory and makes extensive use of simulation studies to model complex interactions between payment system members. For each of the topics covered, this volume highlights some of the most influential works in the literature. The volume also draws heavily on empirical insights, in particular offering an historical context to central banks' involvement in payment systems.
The Future of Payment Systems
The Future of Payment Systems - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Future of Payment Systems write by Stephen Millard. This book was released on 2007-09-17. The Future of Payment Systems available in PDF, EPUB and Kindle. Drawing on wide-ranging contributions from prominent international experts and discussing some of the most pressing issues facing policy makers and practitioners in the field of payment systems today, this volume provides cutting-edge perspectives on the current issues surrounding payment systems and their future. It covers a range of continually important topics, including: the form payment systems might take in the future the risks associated with this evolution the techniques being deployed to assess these risks and the implications these risks have for the respective roles of the public and private sector. Produced in association with the Bank of England, this book is fascinating reading for practitioners and policy makers in the field of payment systems, as well as students and researchers engaged with the economics of payments and central banking policy.
The U.S. Payment System: Efficiency, Risk and the Role of the Federal Reserve
The U.S. Payment System: Efficiency, Risk and the Role of the Federal Reserve - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The U.S. Payment System: Efficiency, Risk and the Role of the Federal Reserve write by David B. Humphrey. This book was released on 2012-12-06. The U.S. Payment System: Efficiency, Risk and the Role of the Federal Reserve available in PDF, EPUB and Kindle. The U.S. payment system is in the midst of a significant transition. Some of the changes to our payment system, involving its efficiency, the risks inherent in the payment process, and the role of the private and public sectors in the payment mechanism, are the subject of considerable debate and controversy. In recent years, the Federal Reserve Bank of Richmond has played an active part in the development and implementation of policies to improve the payment process. The Bank's operations staff has represented the Federal Reserve System in work with the banking industry to help shape and implement programs to increase efficiency and reduce payment risk. Further, our Research Department has made payment system research an important part of its agenda. The mix of practical experience and research has resulted in a unique perspective on payment system issues that led us to organize a symposium on the U.S. payment system, held on May 25-26, 1988, in Williamsburg, Virginia. Reflecting our belief in the importance of combining both practical experience and theory in addressing payment issues, we invited practi tioners, scholars, and policymakers to share their ideas. The symposium provided an opportunity for those researchers who are studying p- xi PREFACE xii ment issues to present their ideas and to have these ideas evaluated by experienced practitioners.
