Martín Aceña, Pablo; Martínez Ruiz, Elena; … - In: The journal of European economic history 49 (2020) 1, pp. 111-140
This study examines whether the transition from a system of multiple issuing banks to a monopoly on currency issuance was a step in the Bank of Spain’s becoming a central bank in the true sense of the word (a non-profit-maximizing institution); or on the contrary, whether the Bank used its...
