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Throughout much of the twentieth century, economists paid little heed to the role of financial intermediaries in procuring a beneficial allocation of capital. But by the end of the century some financial historians had begun to turn the tide, and the phrase 'finance-growth nexus' became part of...
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Written in celebration of its 350th anniversary in 2018, this book details the history of the central bank of Sweden, Sveriges Riksbank, as presented by Klas Fregert. It relates the bank's history to the development of other major central banks around the world. Chapters are written by some of...
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Lehman in the same way it rescued other financial institutions, such as Bear Stearns and AIG. The Fed's leaders from that …
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"An important literature on comparative long-run economic growth focuses on financial development. This work in economic history strongly complements the extensive empirical research by King and Levine (1993) and many others who have established a strong connection between financial development...
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