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Optimal employment of scale economies in the Federal Reserve's currency infrastructure

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Author Info
Paul W. Bauer
Apostolos Burnetas
Viswanath CVSA
Gregory Reynolds

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Abstract

Given estimates of shipping costs and scale economies for high-speed currency sorting, the authors investigate whether the Federal Reserve might lower its costs by reallocating the volume of sorting among its processing sites.

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File URL: http://www.clevelandfed.org/research/workpaper/1998/Wp9810.pdf
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Publisher Info
Paper provided by Federal Reserve Bank of Cleveland in its series Working Paper with number 9810.

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Length: 23
Date of creation: 1998
Date of revision:
Handle: RePEc:fip:fedcwp:9810

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Keywords: Money Federal Reserve banks - Costs

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