EUI Working Paper: SPSEuropean University Institute, 1996 - Europe |
From inside the book
Results 1-3 of 13
Page 19
... firms . Hampered in their capacity to collect indi- viduals ' savings , the joint stock banks of Belgium , Germany , Austria , Italy , and to a lesser extent Switzerland , Denmark and Sweden were naturally forced to maintain a strong ...
... firms . Hampered in their capacity to collect indi- viduals ' savings , the joint stock banks of Belgium , Germany , Austria , Italy , and to a lesser extent Switzerland , Denmark and Sweden were naturally forced to maintain a strong ...
Page 27
... ( firms ) had to look for long- term credits elsewhere ( investment banks and the equity market ) , for which they paid the full market price for long - term capital . Consequently , user assumed their own sol- vency risk , firms by ...
... ( firms ) had to look for long- term credits elsewhere ( investment banks and the equity market ) , for which they paid the full market price for long - term capital . Consequently , user assumed their own sol- vency risk , firms by ...
Page 28
... firms through a financial crisis without suspending convertibility , the central bank needed to increase at regular intervals its investments in gold and currencies ( on the assets side ) , and thus its own resources ( on the ...
... firms through a financial crisis without suspending convertibility , the central bank needed to increase at regular intervals its investments in gold and currencies ( on the assets side ) , and thus its own resources ( on the ...
Other editions - View all
Common terms and phrases
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