Search Results

SORT BY: PREVIOUS / NEXT
Author:Weinberg, John A. 

Journal Article
Opinion : No time for protectionist impulses

Econ Focus , Volume 13 , Issue Win , Pages 56

Journal Article
Opinion: The risk of short-term fiscal fixes

Econ Focus , Volume 16 , Issue 4Q , Pages 48

Journal Article
Book review : Man and machine

Econ Focus , Volume 9 , Issue Win , Pages 46-47

Working Paper
The adverse selection approach to financial intermediation: some characteristics of the equilibrium financial structure

This paper examines an adverse selection economy in which efficient resource allocation is supported by intermediary contracts (coalitions). Agents differ along an ex ante publicly observable dimension, so that the equilibrium arrangement yields a diverse set of financial arrangements among borrowers, lenders and intermediaries. Loans made by intermediaries would appear to be mispriced relative to a naive benchmark that ignores the (unobservable) adverse selection aspects of the environment. The model also yields an equilibrium mix of intermediated and direct finance which is broadly ...
Working Paper , Paper 95-05

Journal Article
Opinion: Watching Labor Force Participation

Econ Focus , Issue 2Q , Pages 48-48

Journal Article
Opinion: Immigration and the Economy

Econ Focus , Issue 3Q/4Q , Pages 40-40

Journal Article
Opinion: Fed Communications in Unusual Times

Econ Focus , Issue 1Q , Pages 44-44

Working Paper
Incentives, communication, and payment instruments

Alternative payment instruments are studied in an economy with private information, delayed communication, and limited commitment. Attention is restricted to checks and bank drafts, which differ in resource cost and communication characteristics. Checks are less costly but settlement delays create a limited commitment constraint. We find that drafts dominate at low wealths and checks at higher wealths. Applications to 19th century and modern payment systems are discussed.
Working Paper , Paper 00-11

Journal Article
Opinion : Deregulation should not be blamed for the financial crisis

Econ Focus , Volume 14 , Issue 1Q , Pages 44

Journal Article
Selling Federal Reserve payment services: one price fits all?

Economic Quarterly , Issue Fall , Pages 1-24

FILTER BY year

FILTER BY Bank

FILTER BY Series

Econ Focus 33 items

Economic Quarterly 19 items

Annual Report 8 items

Working Paper 7 items

Richmond Fed Economic Brief 5 items

Economic Review 1 items

show more (1)

FILTER BY Content Type

Journal Article 53 items

Report 8 items

Working Paper 7 items

Briefing 5 items

FILTER BY Author

FILTER BY Keywords

Economics 5 items

Payment systems 5 items

Risk 5 items

Banks and banking 4 items

Monetary policy 4 items

Competition 3 items

show more (61)

PREVIOUS / NEXT