Money, debit card, gross-settlement risk, and central banking
HS Choi - The North American Journal of Economics and Finance, 2019 - Elsevier
A monetary model is constructed to explore the effects of a new source of inefficiency of
gross settlement with an operational risk on the choice of cash that is risky to hold and a …
gross settlement with an operational risk on the choice of cash that is risky to hold and a …