• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site
For visually-impairedFor visually-impairedUser profile (HSE staff only)Search
Advanced search
Menu
HSE University

Influence of Liquidity-Saving Mechanisms on Large-Value Payment Systems

Student: Krivokharchenko Anastasiya

Supervisor: Veronika Belousova

Faculty: Faculty of Economic Sciences

Educational Programme: Bachelor

Year of Graduation: 2014

<p><span lang="EN-US" style="line-height: 150%; text-align: justify;">The payment system has become considerably more complex due to </span><span lang="EN-US" style="line-height: 150%; text-align: justify;">financial innovation, technological improvement and financial interdependencies. While such changes are inevitably connected with prosperity and economic growth, they are also accompanied by certain consequences including systemic risk. That is why the Central Banks monitor payment risks and try to reduce or even eliminate the possibility of liquidity</span><span style="line-height: 150%; text-align: justify;">&nbsp;violations of the payment processes.&nbsp;</span></p><p><span style="line-height: 150%; text-align: justify;">&nbsp;</span><span style="line-height: 150%; text-align: justify;">The main goal of this paper is to provide some theoretical issues about payment systems and liquidity risk, to analyse the influence of liquidity-saving mechanisms on large-value payment systems.</span></p><p class="Default" style="text-align:justify;text-justify:inter-ideograph;line-height:150%"><span lang="EN-US"><o:p></o:p></span></p>

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses