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Money, States and Empire: Financial Integration Cycles and Institutional Change in Central Europe, 1400-1520
Chilosi, David; Volckart, Oliver - London School of Economics and Political Science - 2009
advanced in a cyclical fashion over the fifteenth century. The cycles were associated with changes in the money supply. Long …
Persistent link: https://www.econbiz.de/10005870400
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After the Great Debasement, 1544-51: Did Gresham’s Law Apply?
Li, Ling-Fan - London School of Economics and Political Science - 2009
the disappearance of good money over this period has provided any solid quantitative assessment of the effectiveness of …
Persistent link: https://www.econbiz.de/10005870464
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The Effects Of The 1925 Portuguese Bank Note Crisis
Wigan, Henry - London School of Economics and Political Science - 2004
bank through which he concealed over £3m in counterfeit money.[...] …
Persistent link: https://www.econbiz.de/10005870587
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Time is Money: A Re-assessment of the Passenger Social Savings From Victorian British Railways
Leunig, Timothy - London School of Economics and Political Science - 2005
saving money to saving time came when railway technology stopped simply fulfilling existing demand more cheaply (travel for …
Persistent link: https://www.econbiz.de/10005870947
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Money and Liquidity in Financial Markets
Nyborg, Kjell G.; Östberg, Per - Swiss National Centre of Competence in Research North … - 2010
We argue that there is a connection between the interbank market for liquidity and thebroader financial markets, which has its basis in demand for liquidity by banks. Tightnessin the interbank market for liquidity leads banks to engage in what we term “liquiditypull-back,” which involves...
Persistent link: https://www.econbiz.de/10009305106
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A note concerning government bond yields
Akram, Tanweer - 2020
This paper relates Keynes's discussions of money, the state theory of money, financial markets, investors' expectations …
Persistent link: https://www.econbiz.de/10012610205
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The big problem of large bills: The Bank of Amsterdam and the origins of central banking
Quinn, Stephen; Roberds, William - 2005
of the Freeman (1996) model of money and payments, we first analyze the problematic monetary situation in the Netherlands …
Persistent link: https://www.econbiz.de/10010397692
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Money
Wray, L. Randall - 2010
This paper advances three fundamental propositions regarding money: (1) As R. W. Clower (1965) famously put it, money … buys goods and goods buy money, but goods do not buy goods. (2) Money is always debt; it cannot be a commodity from the … possible. These three propositions are used to build a theory of money that is linked to common themes in the heterodox …
Persistent link: https://www.econbiz.de/10010286493
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Optimal disclosure policy and undue diligence
Andolfatto, David; Berentsen, Aleksander; Waller, … - 2011
While both public and private financial agencies supply asset markets with large quantities of information, they do not necessarily disclose all asset-related information to the general public. This observation leads us to ask what principles might govern the optimal disclosure policy for an...
Persistent link: https://www.econbiz.de/10010316837
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Why Do People Save in Cash? Distrust, Memories of Banking Crises, Weak Institutions and Dollarization
Stix, Helmut - 2012
The paper analyzes why households in transition economies prefer to hold sizeable shares of their assets in cash at home rather than in banks. Using survey data from ten Central, Eastern and Southeastern European countries, I document the relevance of this behavior and show that cash preferences...
Persistent link: https://www.econbiz.de/10013370095