IDEAS home Printed from https://ideas.repec.org/a/eee/jcecon/v41y2013i2p364-366.html
   My bibliography  Save this article

Sponsored transactional patterns: Comments on Mehrling’s “Essential hybridity: A money view of FX”

Author

Listed:
  • DeRosa, David F.

Abstract

Mehrling (2013) recognizes the essential hybridity of money supply, its being partly created by the state (central banks) and partly by the private sector banks. These comments concern extending the hybridity concept to the recognition that many transactions and settlements procedures are facilitated by central banks. The prime example is the operation of Real Time Gross Settlements systems by practically every central bank. These systems are how the world’s foreign exchange market settles more than $4Trillion dollars a day of trading.

Suggested Citation

  • DeRosa, David F., 2013. "Sponsored transactional patterns: Comments on Mehrling’s “Essential hybridity: A money view of FX”," Journal of Comparative Economics, Elsevier, vol. 41(2), pages 364-366.
    • Handle: RePEc:eee:jcecon:v:41:y:2013:i:2:p:364-366
    DOI: 10.1016/j.jce.2013.03.008
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0147596713000413
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jce.2013.03.008?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pistor, Katharina, 2013. "Law in Finance," Journal of Comparative Economics, Elsevier, vol. 41(2), pages 311-314.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jcecon:v:41:y:2013:i:2:p:364-366. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622864 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.