EUI Working Paper: SPSEuropean University Institute, 1996 - Europe |
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Page 13
... monopoly rents , redistributing income away from the unorganized to the cartelized . Only individuals whose interests are suf- ficiently concentrated for them to overcome the dilemma of collective action and to lobby politicians ...
... monopoly rents , redistributing income away from the unorganized to the cartelized . Only individuals whose interests are suf- ficiently concentrated for them to overcome the dilemma of collective action and to lobby politicians ...
Page 30
... monopoly absolute , 37 opening costly branches in the province only when abstaining from doing so would threaten its monopoly.38 When deposits dwarfed notes in importance , the bank began to pay interest on deposits.39 On the assets ...
... monopoly absolute , 37 opening costly branches in the province only when abstaining from doing so would threaten its monopoly.38 When deposits dwarfed notes in importance , the bank began to pay interest on deposits.39 On the assets ...
Page 37
... monopoly over note - issuing in 1830 , which it exercized in competition with the Enskilda banks , championed by the government . It was the government , not the central bank , that engaged in lending of last resort in times of crisis ...
... monopoly over note - issuing in 1830 , which it exercized in competition with the Enskilda banks , championed by the government . It was the government , not the central bank , that engaged in lending of last resort in times of crisis ...
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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