An Economic Perspective on the Enforcement of Credit Arrangements:The Case of Daylight Overdrafts in Fedwire

[...]This article discusses how the Federal Reserve manages itscredit risk exposure from daylight overdrafts. We first presenta simple economic framework for thinking about the causes ofcredit risk and the possible tools that lenders have to help them manage it...

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Year of publication:	2008-09-01
Authors:	Martin, Antoine ; Mills, David
Institutions:	London School of Economics and Political Science
Published in:	London School of Economics and Political Science - Publications FRBNY Economic Policy Review / September 2008 ; pp. 161 - 168
Subject:	Kreditrisiko \| Darlehensnehmer \| Kontoüberziehung \| overdraft \| Darlehensgeber \| lender

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Extent:	83968 bytes 8 p. application/pdf
Type of publication:	Article
Language:	English
Classification:	Specific management methods ; Financial theory ; Procurement of capital ; Individual Articles ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005869408