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1 ITME Discussion Paper No moto@net.nagasaki-u.ac.jp
2 1 1 MRF 1 (2000) 2
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7 Tobin (1985) 100% Wallace (1996) Diamond and Dybvig Tobin(1985) Wallace(1996)
8 MRF MMF MRF Free Banking Law Rolnick and Weber (1983) Free Banking Law 2 Free Banking Law Free Banking Law Bank Note Reporters 8
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10 Calmoris and Kahn (1996) Rolnic k, Smith and Weber (1998a) Calmoris and Kahn 8 8 Rolnick, Smith and Weber 10
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17 3 Jacklin (1987) Diamond=Dybvig Diamond=Dybvig Jacklin 17
18 MMF, MRF MMF MRF MMF MRF MMF 17 MMF MMF MRF MMF MRF MMF MRF MRF 16 Holmstrom and Tirole (1998) Jacklin 17 MMF (1999) (1991) 18
19 18 MMF (1999) MRF MRF MRF MRF 2 MRF MRF MMF MRF MMF MRF 2.2 MMF
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25 1999 ITME Discussion Paper No IMES Discussion Paper No.99-J MMF IMES Discussion Paper No.99-J , ITME Discussion Paper No Brooking, Collette The UK Credit Card Market ( 19, 1998, ) Calmoris, Charkes W. and Charkes M. Kahn, 1996, The Efficiency of Self-Regulated Payments Systems: Learning from the Suffork System. Journal of Money, Credit, and Banking 28, Diamond, Doublas W. and Philip H. Dybvig, 1983, Bank Runs, Deposit Insurance, and Liquidity. Journal of Political Economy 91, Dewatripont, Mathias and Jean Tirole, 1994, The Prudential Regulation of Banks. The MIT Press European Central Bank, 1998., Report on Electronic Money. Fama, Eugene 1983 Financial Intermediation and Price Level Control. Journal of Monetary Economics 12, Friedman, Milton, 1992, Money Mischief Gorton, Gary and Donald J. Mullineaux, 1987, "The Joint Production of Confidence: Endogenous Regulation and Nineteenth Century Commercial-Bank Clearinghouses." Journal of Money, Credit, and Banking 19,
26 Holmstrom, Bengt and Jean Tirole, 1998, Private and Public Supply of Liquidity. Journal of Political Economy 106, Jacklin, Charles J., 1987, Demand Deposits, Trading Restrictions, and Risk Sharing. in Contractual Arrangements for International Trade, Edw ard C. Prescott and Neil Wallace Eds. University of Minnesota Press, Minneapolis. McAndrews, James J., 1997, "Banking and Payment System Stability in an Electronic Money World." FRB Philacelphia Working Paper Rockoff, Hugh, 1974, "The Free Banking Era." Journal of Money, Credit, and Banking 6, Rolnick, Arthur J., Bruce D. Smith, and Warren E. Weber, 1998a, Lessons from a Laissez-Faire Payments System: The Suffork Banking System ( ). the St. Louis Federal Reserve Bank s Review 80, Rolnick, Arthur J., Bruce D. Smith, and Warren E. Weber, 1998b, The Suffork Bank and the Panic of 1837: How a Private Bank Acted as a Lender-of-Last-Resort. FRB Minneapolis Working Paper 592. Rolnick, Arthur J. and Warren E. Weber, 1983, "New Evidence on the Free Banking Era." American Economic Review 73, Schreft, Stacey L., 1997, Looking Forward: The Role for Government in Regulating Electronic Cash. FRB Kansas City Economic Review, Tobin, James, 1985, Financial Innovation and Deregulation in Perspective. BOJ Monetary and Economic Studies 3, Wallace, Neil, 1996, Narrow Banking Meets the Diamond-Dybvig Model. FRB Minneapolis Quarterly Review 20, White, Lawrence H., 1984, Competitive Payments Systems and the Unit of Account. American Economic Review 74, White, Lawrence H., 1987, Accounting for Non-interest-bearing Currency: A Critiquie of the Legal Restrictions Theory of Money. Journal of Money, Credit, and Banking 19, No.4,
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