A dynamic model of settlement

DOI10.1016/J.JET.2006.10.005zbMATH Open1151.91070OpenAlexW3124208960MaRDI QIDQ951013FDOQ951013

Authors Cyril Monnet, Ted Temzelides, Thorsten V. Koeppl

Publication date 29 October 2008

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp604.pdf

zbMATH Keywords

private informationmechanism designsettlementpayment systemsrandom matching

Mathematics Subject Classification ID

Economic growth models (91B62) Trade models (91B60)

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Cites work

• A Divisible Search Model of Fiat Money
• Asset trading mechanisms and expansionary policy
• General equilibrium with nonconvexities and money
• Money, credit and banking
• On Efficient Distribution with Private Information
• On Repeated Moral Hazard with Discounting
• Payments systems design in deterministic and private information environments
• Repeated moral hazard with effort persistence

Cited in

(11)

• A dynamic model of unsecured credit
• An analysis of settlement risk contagion in alternative securities settlement architectures
• Payments systems design in deterministic and private information environments
• Settlement formation at the meso-scale
• The cost of inflation: a mechanism design approach
• Introduction to monetary and macro economics
• Incentive efficient risk sharing in a settlement mechanism
• An agent-based model of payment systems
• Monetary policy implementation frameworks: a comparative analysis
• On the coexistence of money and higher-return assets and its social role
• Central bank haircut policy

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