Scale economies and technological change in Federal Reserve ACH payment processing

An analysis of the contribution of scale economies, technological change, and falling input prices to the absolute reduction in the real processing costs of an ACH transfer over the 1979-94 period.

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Year of publication:	1995
Authors:	Bauer, Paul W. ; Hancock, Diana
Published in:	Economic Review. - Federal Reserve Bank of Cleveland. - 1995, Q III, p. 14-29
Publisher:	Federal Reserve Bank of Cleveland
Subject:	Clearinghouses (Banking)

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005360726