Showing 1 - 10 of 1,104
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This Financial System Stability Assessment on France reviews the institutional and regulatory framework. Consolidation among financial institutions has resulted in six large universal, vertically integrated banking groups having a strong position in the domestic market. Bank profitability has...
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The way people pay for goods and services is changing dramatically, but little data and research on consumer behavior and payment choice are publicly available. This paper describes the results of a survey of payment behavior and attitudes taken by Federal Reserve employees in 2004. Major...
Persistent link: https://www.econbiz.de/10005707391
the use of paper checks that has been quite uneven across consumers and not well understood. This paper estimates … econometric models of consumers’ adoption (extensive margin) and use (intensive margin) of checks plus six other common U … checks can explain directly about 25 and 14 percent, respectively, of the 8.4 percentage point decline in check use from 2003 …
Persistent link: https://www.econbiz.de/10005713289
this effect. This paper uses grocery store scanner data to examine how time affects consumer choices of checks and debit …
Persistent link: https://www.econbiz.de/10005721022
Many consumers who lack checking accounts are paying relatively high costs to access the nation's payments system. Legislation aimed at opening the system to these unbanked individuals has centered on requiring commercial banks to offer low-cost "lifeline" accounts. But will cost savings alone...
Persistent link: https://www.econbiz.de/10005512184
Superseded by the paper "Transactions accounts and loan monitoring" (Working Paper 05-14) ; Do checking accounts help banks monitor borrowers? If they do, the rationale both for allowing regulated providers of liquidity to also make risky loans to commercial borrowers and for the government's...
Persistent link: https://www.econbiz.de/10005512333