Flandreau, Marc; Ugolini, Stefano - 2011
to document the portfolio of bills that was brought up to the Bank of England for discount and study the behavior of the … Bank of England during the crisis of 1866 (the so-called Overend- Gurney panic) when the Bank began adopting lending of … include: (a) the statistical predominance of foreign bills in the material brought to the Bank of England; (b) the correlation …