Showing 1 - 7 of 7
European monetary integration was one element in the process of financial market integration but by far not the only one. The paper traces the development of financial markets and systems in Europe from the beginnings of the euromarkets in the 1950s over early exchange rate arrangements and the...
Persistent link: https://www.econbiz.de/10010295472
Zahlungs- und Schuldendeckungsfähigkeit stellen finanzwirtschaftliche Existenzbedingungen dar, deren Einhaltung in Bankenkrisen gefährdet ist. Das war nicht anders in den Bankenkri-sen der National Banking-Ära der USA. Fraglich ist, ob mit der Einführung des Federal Re-serve Systems eine...
Persistent link: https://www.econbiz.de/10010300264
Italy is a country with a long history of emigration and a very short experience of immigration. The paper first surveys the Italian emigration pattern describing the characteristics of the Italian emigrants (age, sex, skill level), their area of origins and the directions of their movement. The...
Persistent link: https://www.econbiz.de/10010271822
This Forum aims to systematically describe and analyse the evolution of national financial systems within the EU over the past three decades. It analyses the processes of financialisation that have dominated this period as well as the causes and consequences of the financial crisis from the...
Persistent link: https://www.econbiz.de/10010369109
Nordic historians have asserted for a long time that in the Nordic countries only few people, if any, perceived increased threats of war prior to the World War II outbreak. This would explain, and possibly excuse, why their governments did not mobilize their armies until it was too late. This...
Persistent link: https://www.econbiz.de/10010320043
Keynesian economics dominated economic thought and macroeconomic policy-making in the 1950s and 1960s. However, the diffusion of Keynesian economics has been uneven. In this paper, we compare the spread of Keynesian economics in two continental European countries: Belgium and Italy. We focus on...
Persistent link: https://www.econbiz.de/10011506634
This paper studies Anglo-Dutch premium auctions used in the secondary market for financial securities in eighteenth-century Amsterdam, Europe's financial capital at the time. An Anglo-Dutch premium auction consists of an English auction followed by a Dutch auction, with a cash premium paid to...
Persistent link: https://www.econbiz.de/10010308145