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Estimates of scale and cost efficiency for Federal Reserve currency operations
James Bohn, Diana Hancock, Paul Bauer
Meeting the currency demands of depository institutions, businesses, and consumers costs the Federal Reserve more than half a billion dollars each year, yet, very little research has been devoted to...
Property and Casualty Solvency Funds as a Tax and Social Insurance System
When a Property and Casualty (P&C) insurance company becomes insolvent, solvent insurance companies are forced to pay assessments (a form of taxation) to state guarantee funds ('solvency funds') in...