Link to the University of Pittsburgh
Link to the University Library SystemContact us link
AEI Banner

Note on the interactions between payment systems and monetary policy. Bruegel Special Report, February 2018

Papadia, Francesco (2018) Note on the interactions between payment systems and monetary policy. Bruegel Special Report, February 2018. UNSPECIFIED.

[img] PDF - Published Version
Download (1309Kb)

    Abstract

    This paper analyses the interactions between, on one hand, monetary policy and financial stability responsibilities of the ECB and, on the other hand, Post-Trading-Financial Market Infrastructures. In the author's opinion, payment Systems are critical for monetary policy while Central Counter Parties (CCPs) are critical for financial stability. However, in stressed conditions CCPs can be the source of risks also for monetary policy.

    Export/Citation:EndNote | BibTeX | Dublin Core | ASCII (Chicago style) | HTML Citation | OpenURL
    Social Networking:
    Item Type: Other
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > monetary policy
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Special Reports
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 26 Feb 2018 10:27
    Number of Pages: 19
    Last Modified: 23 Aug 2018 08:58
    URI: http://aei.pitt.edu/id/eprint/93431

    Actions (login required)

    View Item

    Document Downloads