Téléchargez le livre : Explaining Monetary and Financial Innovation

Explaining Monetary and Financial Innovation

A Historical Analysis de

,

Éditeur :

Springer


Collection :

Financial and Monetary Policy Studies

Paru le : 2014-06-26

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Description
This book discusses theories of monetary and financial innovation and applies them to key monetary and financial innovations in history – starting with the use of silver bars in Mesopotamia and ending with the emergence of the Eurodollar market in London. The key monetary innovations are coinage (Asia minor, China, India), the payment of interest on loans, the bill of exchange and deposit banking (Venice, Antwerp, Amsterdam, London). The main financial innovation is the emergence of bond markets (also starting in Venice). Episodes of innovation are contrasted with relatively stagnant environments (the Persian Empire, the Roman Empire, the Spanish Empire). The comparisons suggest that small, open and competing jurisdictions have been more innovative than large empires – as has been suggested by David Hume in 1742.
Pages
366 pages
Collection
Financial and Monetary Policy Studies
Parution
2014-06-26
Marque
Springer
EAN papier
9783319061085
EAN EPUB
9783319061092
Informations sur l'ebook
Nombre pages copiables
3
Nombre pages imprimables
36
Taille du fichier
2836 Ko
Prix
147,69 €

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