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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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Income distribution, technical change and the dynamics of international economic integration
Landesmann, Michael; Stehrer, Robert - 2005
This paper explores the features of a dynamic multisectoral model which focuses on the relationship between income distribution, growth and international specialization. The model is explored both for the steady-state properties and the transitory dynamics of integrated economies. Income...
Persistent link: https://www.econbiz.de/10010294524
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Distributional consequences of capital accumulation, globalisation and financialisation in the US
Karanassou, Marika; Sala, Hector - 2012
In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...
Persistent link: https://www.econbiz.de/10010368155