The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
Overview Economists in recent years have opened many interesting avenues for research on the economics of payments. Contributions in industrial organization of two-sided markets, in monetary theory, and in empirical economics have come from research on the economics of payments. In addition, payments markets continue to be dynamic. Among such developments are the rapid changes in the use of various payment instruments around the world including, for example, the continuing decline in check usage in the U.S., the growth of debit and credit card payments in many countries, the continued development of personal online payment methods, the redesign of large-value payment systems in many countries, and the response to various antitrust disputes involving card-based payments.
The conference on the Economics of Payments will bring together central bank and academic economists to discuss these developments and other issues of interest to researchers in this area. Conference Location Federal Reserve Bank of New York 12th floor Conference Center 33 Liberty Street New York, New York
Conference Organizers William Roberds, Federal Reserve Bank of Atlanta James McAndrews, Federal Reserve Bank of New York Morten Bech, Federal Reserve Bank of New York David Skeie, Federal Reserve Bank of New York Antoine Martin, Federal Reserve Bank of New York Antoine.Martin@ny.frb.org