We analyse a card payment system to assess the economic impact of the interchange fee. This fee is paid by the bank of … the merchant, the acquirer, to the bank of the consumer, the issuer. We build up a mode in order to explore whether the …

Zahlungsverkehrsdaten einer Bank sowie experimenteller Simulation und Befragung dokumentieren, daß zur Erklärung des Einflusses …

We analyse a card payment system to assess the economic impact of the interchange fee. This fee is paid by the bank of … the merchant, the acquirer, to the bank of the consumer, the issuer. We build up a mode in order to explore whether the …

endogenously determined. Although the microeconomics of the bank behaviour is quite simple, credit and money as well as bonds …

Central bank policy suffers from time-inconsistency when facing a banking crisis : A bailout is optimal ex post but ex … reputation for the central bank are high, monitoring effort by the banker is important in improving returns, and when the cost of …