Alle Giro's Werden Br゚der? Harmonizing Europe's payment systems

Leibbrandt, Gottfried (2004). Alle Giro's Werden Br゚der? Harmonizing Europe's payment systems. UNU-MERIT Research Memoranda. UNU-MERIT.

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  • Sub-type Working paper
    Author Leibbrandt, Gottfried
    Title Alle Giro's Werden Br゚der? Harmonizing Europe's payment systems
    Series Title UNU-MERIT Research Memoranda
    Volume/Issue No. 20
    Publication Date 2004
    Publisher UNU-MERIT
    Language eng
    Abstract A model is introduced to analyze the effect of network effects and transactions patterns on the decision by banks (not) to standardize payment systems both domestically and across borders. If only a small share of all transactions is cross-border, banks have strong incentives to maintain incompatible standards across countries. The model is applied to the case of harmonizing Europe's payment networks.
    Copyright Year 2004
    Copyright type All rights reserved
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    Created: Fri, 13 Dec 2013, 12:39:59 JST