Perspectives of payment systems

Authors

  • Daniel Heymann Instituto Interdisciplinario de Economía Política de Buenos Aires (IIEP- BAIRES)
  • Sebastián Katz Universidad de Buenos Aires y Universidad de San Andrés.

Keywords:

Monetary Systems, Payment Systems, Currency

Abstract

The agents, instruments and mechanisms involved in everyday transactions have varied considerably over time, according to the evolution of practices, technologies and institutions that determine customs and payment mechanisms. The organization of exchange schemes, and financial systems in general, has become salient topic of contemporary discussion. This paper presents a brief analysis of the matter, focused on procedures to process payments.

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References

Banco Central del Ecuador (2011). Regulación DBCE 017-2011.

Danish Payment Council (2014). Report on New Payments Solutions, March.

European Central Bank (2012). “Virtual Currency Schemes.” Germany, October, 2012.

Gorton, G. (2012). Misunderstanding Financial Crises, Why We Don´t See them Coming, Oxford University Press, New York.

Hicks, J. (1967). Critical Essays in Monetary Theory, Oxford University Press, New York.

Leijonhufvud, A. (2007). “Crisis Macroeconómicas y Orden Social”, en A. Leijonhufvud: Organización e Inestabilidad Económica, Buenos Aires: Temas.

Mbiti, I. y Weil, D. (2011). Mobile Banking: the Impact of M-Pesa in Kenia, NBER Working Paper nro. 17129, June.

Stiglitz, J. y A. Weiss (1988). “Banks as Social Accountants and Screening Devices for the Allocation of Output”, NBER Working Paper N° 2710

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Published

2015-12-29

How to Cite

Heymann, D., & Katz, S. (2015). Perspectives of payment systems. Actualidad Económica, 25(87), 5–8. Retrieved from https://revistas.unc.edu.ar/index.php/acteconomica/article/view/14458

Issue

Vol. 25 No. 87 (2015): September-December

Section

Articles

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