Note on the interactions between payment systems and monetary policy : in-depth analysis

This paper analyses the interactions between, on one hand, monetary policy and financial stability responsibilities of the ECB and, on the other hand, Post-Trading-Financial Market Infrastructures. Its basic conclusion is that Payment Systems are critical for monetary policy while Central Counter Parties (CCPs) are critical for financial stability. However, in stressed conditions CCPs can be the source of risks also for monetary policy.

MoreLess

Alternative title:	Note on the interactions between payment systems and monetary policy
Year of publication:	[2018]
Other Persons:	Papadia, Francesco (contributor)
Institutions:	European Parliament / Directorate-General for Internal Policies of the Union (issuing body) ; Bruegel (issuing body)
Publisher:	[Brussels] : [European Parliament]
Subject:	Geldpolitik \| Monetary policy \| Zahlungsverkehr \| Payment transactions \| Theorie \| Theory

Extent:	1 Online-Ressource (24 p.) Illustrationen (farbig)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Manuscript completed in February 2018. - Bibl. : p. 23-24
ISBN:	978-92-846-2639-7
Other identifiers:	10.2861/656 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10015285747