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Only Paul Could Go To Changchun

Central bank intervention in large value payment systems: An experimental approach

1/9/2016

 
Here.

This experimental study investigates the behavior of banks in a large value payment system. More specifically, we look at 1) the reactions of banks to disruptions in the payment system and 2) the way banks behavior changes to incentives of the central bank. 

From:

Peter Heemeijer
Ronald Heijmans

De Nederlandsche Bank




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