Table of contents
About this book
Introduction
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.
Keywords
central bank economy financial market financial markets liquidity monetary policy
Bibliographic information
- DOI https://doi.org/10.1007/978-1-349-26374-5
- Copyright Information Palgrave Macmillan, a division of Macmillan Publishers Limited 1998
- Publisher Name Palgrave Macmillan, London
- eBook Packages Palgrave Economics & Finance Collection
- Print ISBN 978-1-349-26376-9
- Online ISBN 978-1-349-26374-5
- Buy this book on publisher's site