Payment Systems in the Financial Markets

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ISBN: 0333695771
ISBN 13: 9780333695777
Autor: Rossi, Marco
Verlag: Springer Verlag GmbH
Umfang: xviii, 152 S.
Erscheinungsdatum: 08.04.1998
Auflage: 1/1998
Produktform: Gebunden/Hardback
Einband: GEB
Artikelnummer: 2935939 Kategorie:

Beschreibung

The payment system is one of the mechanisms essential to the working of an exchange economy. Over the last decade, central banks have been determined to improve their payment systems to harmonise and reduce risk, and in Europe to anticipate their future interconnection in the TARGET system. This book provides the analytic framework for an informed policy debate on the implications for monetary policy.

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