Search Results
Journal Article
Monetary theory and electronic money : reflections on the Kenyan experience
Townsend, Robert M.; Suri, Tavneet; Jack, William
(2010-01)
This article uses a class of models of money and the payments system to inform an analysis of "mobile banking" in the context of the rapid expansion of M-PESA, a new technology in Kenya that allows payments via mobile phones (even without any access to a bank account), and currently reaches close to 38 percent of Kenyan adults. The separation of households and firms in space and time suggests, in theory, from various separate models, a number of implications. These include (i) the potential gain, under some circumstances, from allowing net e-money credit creation, (ii) the impact that the ...
Economic Quarterly
, Volume 96
, Issue 1Q
, Pages 83-122
Journal Article
Means of payment, the unbanked, and EFT '99
Prescott, Edward Simpson; Tatar, Daniel D.
(1999-10)
Economic Quarterly
, Issue Fall
, Pages 49-70
Journal Article
Risky business
Sumo, Vanessa
(2007-07)
Econ Focus
, Volume 11
, Issue Sum
, Pages 16-19
Journal Article
Research spotlight: How consumers respond to stimulus payments
Sears, Louis
(2011-10)
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2011/q4/research_spotlight_weblinks.cfm
Econ Focus
, Volume 15
, Issue 4Q
, Pages 11
Journal Article
Student Debt vs. Homeownership
Price, David A.
(2017-10)
Econ Focus
, Issue 4Q
, Pages 7-7
Journal Article
Around the Fed: Death and taxes
Gerena, Charles
(2012-01)
Related links:https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2012/q1/around_the_fed_weblinks.cfm
Econ Focus
, Volume 16
, Issue 1Q
, Pages 42
Journal Article
Opinion: Inflation and the Road Ahead for Research
Athreya, Kartik B.
(2022-10)
While the Fed has never been a stranger to criticism, the criticism has been notable and specific during the past year. The subject: inflation. This is of course fully understandable. Memories remain fresh of last spring and summer, when annual inflation in "personal consumption expenditures" — which the Fed targets to grow at just 2 percent per year — reached 7 percent. Current inflation remains well above target.
Econ Focus
, Volume 22
, Issue 4Q
, Pages 32
Speech
Early Childhood Development and Economic Growth
Lacker, Jeffrey M.
(2007-07-27)
Early childhood development may seem like an odd topic for a Federal Reserve Bank president.1 The public policy responsibility for which the Fed is best known is the nation’s monetary policy – a macroeconomic subject that would seem to stand in sharp contrast to the more microeconomic focus of Governor Kaine’s summit today. But as a regional Reserve Bank in a federated central banking system like the Fed, we spend a good deal of time trying to understand the economies that make up our District, which, as you may know, includes Maryland, Washington, D.C., Virginia, West Virginia and the ...
Speech
Journal Article
Agriculture: bank lending
anonymous
(1990-10)
Cross Sections
, Volume 7
, Issue fall
, Pages 15
Journal Article
Fifth district banks' return on assets: highest in decade
Walter, John R.; Welker, Donald L.
(1989-05)
Reduced provisions for loan losses in 1988 boosted bank profits in the Fifth District and nationwide. Profit ratios also may have been influenced somewhat by subsidiary banks payment of management fees to their holding companies.
Economic Review
, Volume 75
, Issue May
, Pages 16-22
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