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Author:Weiner, Stuart E. 

Briefing
A new era

The U.S. payments system has entered a new era ? one that is witnessing a marked decline in the use of paper checks and a sharp increase in the use of electronic payments.
Payments System Research Briefing , Issue Mar

Conference Paper
Nonbanks in the payments system: European and U.S. perspectives: general discussion

Proceedings – Payments System Research Conferences

Conference Paper
Interchange fees in various countries : developments and determinants

Proceedings – Payments System Research Conferences , Issue May , Pages 5-49

Journal Article
Labor compensation and inflation during business expansion

Financial Letters , Issue Oct

Working Paper
Nonbanks in the payments system

Nonbanks have always been a key component of the nation's payments system. In recent years, however, nonbanks have become even more prominent. This heightened visibility raises several questions. In which payments activities are nonbanks engaged? What roles do nonbanks play in specific payments types? What types of risk are potentially associated with nonbank participation? This paper begins to address these questions. Preliminary findings include: (1) Nonbanks are involved in a myriad of activities and roles, both in traditional and emerging payments types; (2) Nonbank business relationships ...
Payments System Research Working Paper , Paper PSR WP 02-02

Journal Article
The natural rate of unemployment: concepts and issues

Economic Review , Volume 71 , Issue Jan , Pages 11-24

Journal Article
Payment of interest on reserves

Economic Review , Volume 70 , Issue Jan , Pages 16-31

Journal Article
Monetary policy without reserve requirements: analytical issues

Reserve requirements have traditionally been viewed as a key instrument of monetary policy. Indeed, textbook discussions of monetary policy typically center on the role of reserve requirements in determining the size of the money multiplier and the magnitude of bank credit expansion. In recent years, however, there has been a significant decline in the use of reserve requirements in the United States and in other industrialized countries. Many countries have made substantial cuts in the level of reserve requirements, and some countries have eliminated reserve requirements altogether.> The ...
Economic Review , Volume 81 , Issue Q IV , Pages 5-24

Journal Article
Electronic payments in the U.S. economy : an overview

Business publications are filled these days with stories about the digital or electronic economy. One routinely reads about e-commerce, e-business, and e-banking. Terms such as e-mail and e-tickets have entered the common lexicon. Some analysts have gone so far as to proclaim that the U.S. economy is being fundamentally transformed and is entering a "new age" of unparalleled growth and opportunity.> While such a view is open to debate, clearly some major, potentially far-ranging, changes are under way. The most visible and most dramatic involve e-commerce. A growing amount of economic ...
Economic Review , Volume 84 , Issue Q IV , Pages 53-64

Journal Article
The changing role of reserve requirements in monetary policy

Economic Review , Volume 77 , Issue Q IV , Pages 45-63

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