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Which TARGET for monetary policy in stage three? Issues in the shaping of the European payment system

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Author Info
Curzio Giannini
Carlo Monticelli
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File URL: http://hdl.handle.net/10.1007/BF02707407
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Article provided by Springer in its journal Weltwirtschaftliches Archiv.

Volume (Year): 133 (1997)
Issue (Month): 4 (December)
Pages: 657-682
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Handle: RePEc:spr:weltar:v:133:y:1997:i:4:p:657-682

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Related research
Keywords: E52; E58; F33; F36;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Angelini, P. & Giannini, C., 1993. "On the Economics of Interbank Payment Systems," Papers 193, Banca Italia - Servizio di Studi.
  2. Mélitz, Jacques, 1993. "Reflections on the Emergence of a Single Market for Bank Reserves in a European Monetary Union," CEPR Discussion Papers 818, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  3. David Folkerts-Landau & Peter M. Garber, 1992. "The European Central Bank: A Bank or a Monetary Policy Rule," NBER Working Papers 4016, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  4. Giovanni, Alberto, 1993. "Central banking in a monetary union: reflections on the proposed statute of the European Central Bank," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 38(1), pages 191-230, June. [Downloadable!] (restricted)
  5. D. F. I. Folkerts-Landau & Peter M. Garber & Dirk Schoenmaker, 1996. "The Reform of Wholesale Payment Systems and its Impact on Financial Markets," IMF Working Papers 96/37, International Monetary Fund.
  6. Grossman, Sanford J & Stiglitz, Joseph E, 1980. "On the Impossibility of Informationally Efficient Markets," American Economic Review, American Economic Association, vol. 70(3), pages 393-408, June.
  7. Matthew D. Gelfand & David E. Lindsey, 1989. "The simple microanalytics of payments system risk," Finance and Economics Discussion Series 61, Board of Governors of the Federal Reserve System (U.S.).
  8. Giannini, Curzio, 1995. "Money, trust, and central banking," Journal of Economics and Business, Elsevier, vol. 47(2), pages 217-237, May. [Downloadable!] (restricted)
  9. Goodhart, Charles & Schoenmaker, Dirk, 1995. "Should the Functions of Monetary Policy and Banking Supervision Be Separated?," Oxford Economic Papers, Oxford University Press, vol. 47(4), pages 539-60, October. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Simonetta Rosati & Stefania Secola, 2005. "Explaining cross-border large-value payment flows - evidence from TARGET and EURO 1 data," Working Paper Series 443, European Central Bank. [Downloadable!]
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