Directorate General Payment Systems
D-60311 Frankfurt am Main
European Central Bank - Securities Settlement Systems Policy Division
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X-efficiency, stochastic frontiers, banking, meta-frontiers
SEPA, European integration, payment systems
securities settlement, economies of scale, technological progress
Europe, financial exchanges, panel data, technical efficiency
exchanges, mergers and acquisitions, strategic alliances, joint ventures, network organization
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SEPA, card network competition, optimal pricing, economic welfare
stock exchanges, network externalities, remote access, Europe
retail payment, bank performance, cost and profit efficiency
Trade credit and debit cards, retail payment systems, two-sided markets, interchange fees
stock exchanges, productivity, technological progress, Europe
Payment pricing, Card competition, Consumer credit, Complementarity
Payment pricing, card competition, consumer credit, complementarity
X-efficiency, stochastic frontiers, banking, meta-frontiers, technology gap ratios
Social costs, private costs, efficiency, payment instruments
stock exchanges, technological progress, technical efficiency
Stock exchanges, Technological progress, Technical effciency
retail payments, economic growth, financial development
convergence, financial integration, retail payments
retail payments, real economy, financial development
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