A dynamic model of settlement

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

Cyril Monnet, Thorsten V. Koeppl, Ted Temzelides

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)

Cites Work

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

Cited In (8)

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

   Recommendations

• Incentive efficient risk sharing in a settlement mechanism 👍 👎
• Payments systems design in deterministic and private information environments 👍 👎
• An agent-based model of payment systems 👍 👎
• Sequential payments and optimal pricing in payment systems 👍 👎
• A duality theory of payment systems 👍 👎

This page was built for publication: A dynamic model of settlement

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q951013)