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Volume 31, Number 3, Part 2
August 1999
The Role of Central Banks in Money and Payments Systems A Conference Sponsored by the Federal Reserve Bank of Cleveland,
October 28-30, 1998
David E. Altig, Special Issue Editor
Mark Sniderman, Preface, pp.433-434
David E. Altig, Introduction, pp. 435-442
Ricardo de 0. Cavalcanti and Neil Wallace, "Inside and Outside Money as Alternative Media of Exchange," pp. 443-457
Comment by Ben Craig, pp. 458-460
Comment by Randall Wright, pp. 461-468
Stephen D. Williamson, "Private Money," pp. 469-491
Comment by Roberto Chang, pp. 492-497
Comment by V. V. Chari, pp. 498-499
Charles M. Kahn and William Roberds, "Demandable Debt as a Means of Payment: Banknotes versus Checks," pp. 500-525
Comment by James McAndrews, pp. 526-527
Comment by Elisabeth Huybens, pp. 528-530
Roger Lagunoff and Stacey L. Schreft, "Financial Fragility with Rational and Irrational Exuberance," pp. 531-560
Comment by Narayana Kocherlakota, pp. 561-562
Comment by John Weinberg, pp. 563-567
Bruce Champ, Scott Freeman, and Warren E. Weber, "Redemption Costs and Interest Rates under the U .S. National Banking System," pp. 658-589
Comment by Michael D. Bordo, pp. 619-621
Comment by John H. Boyd, pp.622-623
Bruce D. Smith and Warren E. Weber, "Private Money Creation and the Suffolk Banking System," pp. 624-659
Comment by Costas Azariadis, pp. 660-662
Comment by Gary Gorton, pp. 663-667
Panel Discussion: Thoughts on the Future of Payments and Central Banking
Edward J. Green, "We Need to Think Straight about Electronic Payments," pp. 668-670
James J. McAndrews, "Arrangements for Access to Payment Credit," pp. 671-673
Arthur J. Rolnick, "Maintaining a Uniform (Electronic) Currency," pp. 674-678
James B. Thompson, "The Role of Central Banks in Money and Payments Systems," pp. 677-681
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