The economics of large-value payments and settlement :
General Material Designation
[Book]
Other Title Information
theory and policy issues for central banks /
First Statement of Responsibility
edited by Mark Manning, Erlend Nier, and Jochen Schanz.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Oxford, UK :
Name of Publisher, Distributor, etc.
Oxford University Press,
Date of Publication, Distribution, etc.
2009.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
1 online resource (xix, 222 pages) :
Other Physical Details
illustrations
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references and index.
CONTENTS NOTE
Text of Note
List of Figures; List of Tables; List of Boxes; List of Contributors; Introduction; Part I: Money, banking and payments: historical evolution and the role of the central bank; Part II: Sources of systemic risk in payment and settlement systems; Part III: Public-policy intervention in payment and settlement systems; Part IV: Future policy challenges for central banks; Glossary; References; Index.
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SUMMARY OR ABSTRACT
Text of Note
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 pa.