Zobrazeno 1 - 10
of 37
pro vyhledávání: '"Stacey L. Schreft"'
Autor:
Antonis Kotidis, Stacey L. Schreft
Publikováno v:
Finance and Economics Discussion Series. 2022:1-55
This paper studies the effects of a unique multi-day cyberattack on a technology service provider (TSP). Using several confidential daily datasets, we identify and quantify first- and second-round effects of the event. For banks using relevant servic
Publikováno v:
FEDS Notes. 2022
Cyber risk, defined as the risk of loss from dependence on computer systems and digital technologies, has grown in the financial system. Cyber events, especially cyberattacks, are among the top risks cited in financial stability surveys in the United
Autor:
Byoung Hwa Hwang, Stacey L. Schreft, Courtney Demartini, Joseph Cox, Gavin Smith, Jeffery Y. Zhang, Nick Ehlert, Nicholas Kean Tabor, Kathy Wilson, Alexandros Vardoulakis, Katherine E. Di Lucido, Mary L. Watkins, Meg Donovan, Asad Kudiya, Dan McGonegle, Jess Cheng
Publikováno v:
FEDS Notes. 2021
Banking organizations in the United States have long been subject to two broad categories of regulatory standards. The first is permissive: a "positive" grant of rights and privileges, typically via a charter for a corporate entity, to engage in the
Autor:
Stacey L. Schreft
Publikováno v:
The New Palgrave Dictionary of Economics ISBN: 9781349951215
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::35d30595026505e0bb4159300e5d2cbc
https://doi.org/10.1057/978-1-349-95189-5_2818
https://doi.org/10.1057/978-1-349-95189-5_2818
Autor:
William Roberds, Stacey L. Schreft
Publikováno v:
WEIS
An environment is analyzed in which agents join clubs (payment networks) in order to facilitate trade. The networks compile personal identifying data (PID) so as to match transactors to transactions histories. Technological limitations cause the netw
Autor:
Bruce D. Smith, Stacey L. Schreft
Publikováno v:
Annals of Finance. 4:131-155
This paper considers whether eliminating the stock of government debt outstanding would reduce welfare. It models an economy with three assets - currency, government bonds, and storage, a transactions role for money, and a demand for liquidity and th
Autor:
Antoine Martin, Stacey L. Schreft
Publikováno v:
Journal of Monetary Economics. 53:2085-2111
This paper establishes the existence of equilibria for environments in which outside money is issued competitively. Such equilibria are typically believed not to exist because of a classic overissue problem: if money is valued in equilibrium, an issu
Autor:
Bruce D. Smith, Stacey L. Schreft
Publikováno v:
Journal of Economic Theory. 73:157-182
We consider a monetary growth model in which banks arise to provide liquidity. In addition, there is a government that issues not only money, but interest-bearing bonds; these bonds compete with capital in private portfolios. When the government fixe
Autor:
Jeffrey M. Lacker, Stacey L. Schreft
Publikováno v:
Journal of Monetary Economics. 38:3-23
A stochastic economic environment is presented in which the mix of cash and resource-costly credit used as means of payment is endogenous. For reasonable values of the credit cost parameter, velocity can be quite variable and sensitive to the nominal
Autor:
Stacey L. Schreft
Publikováno v:
Journal of Monetary Economics. 30:57-72
Credit controls are generally believed to result in an inefficient allocation of resources. This paper presents a counterexample. It displays a general equilibrium, multi-good model with spatial separation for which steady state equilibria exist in w