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Keywords: Payments
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Journal Articles
Journal:
Journal of Economic Studies
Journal of Economic Studies (2016) 43 (2): 178–202.
Published: 09 May 2016
...Marcos Valli Jorge; Wilfredo Leiva Maldonado Purpose – The purpose of this paper is to model a credit card market where the retailers may charge differential prices depending on the instrument of payment used by the consumer. According to the research agenda proposed by Rochet and Wright (2010...
Journal Articles
Journal:
Journal of Economic Studies
Journal of Economic Studies (1994) 21 (3): 39–53.
Published: 01 June 1994
...Filippo Cesarano According to the New Monetary Economics (NME), the introduction of non‐tangible payments media would altogether invalidate current monetary economics. After an illustration of the main tenets of the NME,critically analyses its rejection of both the quantity theory and liquidity...
