This paper examines the effects of the Federal Reserve’s Term Auction Facility (TAF) on the London Inter-Bank Offered …

London interbank offered rate (Libor). The effectiveness of this innovative policy tool is crucial for understanding the role …

This paper documents and seeks to explain the remarkably positive employment trends of a central area of London in the … argued to be key to understanding not only why central London has done so well since the crisis, but how it is still liable …

This dissertation will analyse the degree to which Bank of England note issues influenced the extent of credit … England notes by other banks as cash reserves and for clearing balances. It will therefore be argued that credit expansion by … been a proximate cause, with the neglected role of Bank of England note issues as a possible ultimate cause warranting …

financial system, and Anthony Hotson here offers an important reassessment of the development of London's money and credit … London's money and credit markets. He shows how these principles informed a range of market practices that limited aggressive …; 4. Credit markets and clearing banks; 5. Liability management redux; 6. Bankers against speculation; 7. History and …