Central banks have been considering the introduction of central bank digital currencies (CBDCs). The theoretical … financial stability. To provide empirical evidence on this debate, we study the effects of the arrival of a new central-bank … issued currency on commercial banks in a historical setup. We use the opening of the Bank of Canada in 1935 as a natural …

Renaissance (14th and 15th century) -- Chapter 3. Corporations, Stock Exchanges and the Amsterdam Bank of Exchange (Late 16th and …) -- Chapter 8. The Ottoman Bank: State Bank of the Empire (19th and 20th Century) -- Chapter 9. The Rise (and Fall) of National …