On the Law and Economics of Payments Systems
Workshop held February 1, 2002
The purpose of this workshop was to bring together people from the research, legal, and financial services areas of the Federal Reserve System, plus a few outside academics, to share ideas and opinions about interesting payments issues. Our objectives included creating an awareness of who is thinking about what, to promote more networking.
Competition and Innovation in the Consumer e-Payments Market: Considering the Demand, Supply, and Public Policy Issues
Brian Mantel, Federal Reserve Bank of Chicago
The Regulation of Payment Providers: Balancing the Objectives of Preventing Significant Runs on Banks, Reducing Barriers to Entry and Innovation, and Preventing Regulatory Arbitrage
Jamie McAndrews, Federal Reserve Bank of New York
Promoting Electronic Payments in the Post-Rivlin Committee Era: Practical Issues Needing Resolution To Spur the Development of More Electronic Payments Products and Usage
Jack Walton and Michele Braun, Board of Governors
Clearinghouse Settlement Accounts at Central Banks: Financial Market Risk Management and the Evolving Payments System
Robert Steigerwald, Federal Reserve Bank of Chicago
Dollarization and Payments: Should Countries That Dollarize Their Currencies Also Dollarize the Legal Foundations of Their Payments Systems?
Thomas Baxter, Federal Reserve Bank of New York