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Clearing and settlement of U.S. dollar payments: back to the future?

Author

Listed:
  • Bruce J. Summers
  • R. Alton Gilbert

Abstract

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Suggested Citation

  • Bruce J. Summers & R. Alton Gilbert, 1996. "Clearing and settlement of U.S. dollar payments: back to the future?," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 3-27.
  • Handle: RePEc:fip:fedlrv:y:1996:i:sep:p:3-27
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    File URL: https://files.stlouisfed.org/files/htdocs/publications/review/96/09/9609ag.pdf
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    References listed on IDEAS

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    1. Gerald P. Dwyer & R. Alton Gilbert, 1989. "Bank runs and private remedies," Review, Federal Reserve Bank of St. Louis, issue May, pages 43-61.
    2. William Roberds, 1995. "Financial crises and the payments system: lessons from the National Banking Era," Economic Review, Federal Reserve Bank of Atlanta, issue Sep, pages 15-31.
    3. Baxter, William F, 1983. "Bank Interchange of Transactional Paper: Legal and Economic Perspectives," Journal of Law and Economics, University of Chicago Press, vol. 26(3), pages 541-588, October.
    4. Dewald, William G, 1972. "The National Monetary Commission: A Look Back," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 4(4), pages 930-956, November.
    5. Dennis W. Carlton & Alan S. Frankel, 1995. "Antitrust and payment technologies," Review, Federal Reserve Bank of St. Louis, issue Nov, pages 41-54.
    6. Heidi Willmann Richards, 1995. "Daylight overdraft fees and the Federal Reserve's payment system risk policy," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Dec, pages 1065-1077.
    7. Dennis W. Carlton & Steven C. Salop, 1995. "You Keep On Knocking But You Can't Come In: Evaluating Restrictions On Access To Input Joint Ventures," University of Chicago - George G. Stigler Center for Study of Economy and State 111, Chicago - Center for Study of Economy and State.
    8. Robert T. Clair & Joanna O. Kolson & Kenneth J. Robinson, 1995. "The Texas banking crisis and the payments system," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q I, pages 13-21.
    9. Joanna H. Frodin, 1984. "Fed pricing and the check collection business: the private sector response," Business Review, Federal Reserve Bank of Philadelphia, issue Jan/Feb, pages 13-22.
    10. Michael L. Katz & Carl Shapiro, 1994. "Systems Competition and Network Effects," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 93-115, Spring.
    11. George R. Juncker & Bruce J. Summers & Florence M. Young, 1991. "A primer on the settlement of payments in the United States," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Nov, pages 847-858.
    12. Economides, Nicholas & White, Lawrence J., 1994. "Networks and compatibility: Implications for antitrust," European Economic Review, Elsevier, vol. 38(3-4), pages 651-662, April.
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    Citations

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    Cited by:

    1. John A. Weinberg, 1997. "The organization of private payment networks," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 25-44.
    2. James J. McAndrews, 1997. "Banking and payment system stability in an electronic money world," Working Papers 97-9, Federal Reserve Bank of Philadelphia.
    3. Jeffrey M. Lacker & Jeffrey D. Walker & John A. Weinberg, 1999. "The Fed's entry into check clearing reconsidered," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 1-32.
    4. Jeffrey M. Lacker, 1997. "The check float puzzle," Economic Quarterly, Federal Reserve Bank of Richmond, issue Sum, pages 1-26.
    5. JAMES J. McANDREWS, 1999. "E-Money And Payment System Risks," Contemporary Economic Policy, Western Economic Association International, vol. 17(3), pages 348-357, July.
    6. Edward J. Green, 2001. "Central banking and the economics of information," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q II, pages 28-37.

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