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Research Update
Publications and Papers: April-June 2008
Economic Policy Review
Number 2, 2008
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Forthcoming
Why the U.S. Treasury Began Auctioning Treasury Bills in 1929
Kenneth D. Garbade
Intraday Liquidity Management: A Tale of Games Banks Play
Morten L. Bech
Global Trends in Large-Value Payments
Morten L. Bech, Christine Preisig, and Kimmo Soramäki
An Economic Perspective on the Enforcement of Credit Arrangements: The Case of Daylight Overdrafts in Fedwire
Antoine Martin and David C. Mills