EUI Working Paper: SPSEuropean University Institute, 1996 - Europe |
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... Gerschenkron explained variations in banking structures in 19th century Europe -- the fact that some countries like ... Gerschenkron's timing - of - industialization hypothesis on a crossnational dataset including 15 European , North ...
... Gerschenkron explained variations in banking structures in 19th century Europe -- the fact that some countries like ... Gerschenkron's timing - of - industialization hypothesis on a crossnational dataset including 15 European , North ...
Page 8
... Gerschenkron's argument , entered the picture as ultimate substitute for the missing requisites : the state stepped in if the banks were unable to meet the demand for industrialization . Gerschenkron cast his argument at such a high ...
... Gerschenkron's argument , entered the picture as ultimate substitute for the missing requisites : the state stepped in if the banks were unable to meet the demand for industrialization . Gerschenkron cast his argument at such a high ...
Page 9
... Gerschenkron's explanation and the one propounded here agree on one thing : universalism was a reflection of capital scarcity . Yet they differ on the origins of such scarcity . While Gerschenkron argues that capital scarcity reflected ...
... Gerschenkron's explanation and the one propounded here agree on one thing : universalism was a reflection of capital scarcity . Yet they differ on the origins of such scarcity . While Gerschenkron argues that capital scarcity reflected ...
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adopt central banking agrarian periphery Arpád SZAKOLCZAI assets Australia Austria Austria-Hungary Banca Commerciale Italiana Banco Bank of England bank's banking structures banking system Banque Belgium Bouvier Britain business cycle Canada capital and reserves capital scarcity central bank Chlepner commercial banks competition corporatism corporatist corporatist regimes countries Crédit Lyonnais Crédit Mobilier Denmark denominator includes deposit banking deposit market depositors Dépôts Development discount Economic History equity equity-liability ratio European University Institute finance fiscal-military model France function Germany Gerschenkron Giandomenico MAJONE GNP per capita Goodhart groups information asymmetry insolvency investment banks Italy joint stock banks last resort lending of last liabilities liquidity guarantee market fragmentation mixed banking moderate corporatism National Monetary Commission Netherlands nonprofit banking nonprofit sector Norway note-issuing monopoly Oxford University Press paper percent pluralist Policy private bankers profit proxy rediscount Reichsbank rents representation savings banks Social Société Générale solvency specialized banking Sweden Teichova territorial Tortella universal banking