Regulating Check Use in Turkey

This paper develops a simple model of the market for checks in Turkey. The Central Bank controls the lump-sum amount that the drawee banks are legally responsible to pay per bad check. An increase in this amount is believed to support real economy. I show that banks will tend to restrict the quantit...

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Bibliographic details
Volume: 12
Main Author: Tumen, Semih
Format: Journal Article
Language: English
Place of publication: Research and Monetary Policy Department, Central Bank of the Republic of Turkey 2012
published in: Central Bank Review Vol. 12; no. 1; pp. 1 - 12
Data of publication: 2012
Series: Central Bank Review
Subjects:
Online Access: available in Bonn?
Database: RePEc
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