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Financial innovations and crises: the view backwards from Northern Rock / Jeremy Atack -- An economic explanation of the early Bank of Amsterdam, debasement, bills of exchange and the emergence of the first central bank / Stephen Quinn and William Roberds -- With a view to hold: the emergence of...
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We examine the historical record of the financial crises that have often accompanied surges of globalization in the past. The issue of contagion, the spread of financial turbulence from the crisis center to its trading partners, is confronted with historical and statistical evidence on the...
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