Working Paper
Pricing Daylight Overdrafts
An examination of three policy problems associated with daylight credit and an evaluation of three reform proposals to alleviate the payment system risk associated with Federal Reserve Banks’ extension of daylight credit to financial institutions.
Suggested Citation
Stevens, Edward. 1988. “Pricing Daylight Overdrafts.” Federal Reserve Bank of Cleveland, Working Paper No. 88-16. https://doi.org/10.26509/frbc-wp-201314
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