Journal Article

Efficiency and technical progress in check processing


Abstract: An examination of the cost of providing check-processing services at 47 Federal Reserve offices between 1983:1Q and 1990:IVQ, demonstrating how the Fed's unit cost measures can be decomposed into separate effects related to differences in cost efficiency, output mix, input prices, and environmental variables.

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Review

Publication Date: 1993

Volume: 29

Issue: Q III

Pages: 24-38