EUI Working Paper: SPSEuropean University Institute, 1996 - Europe |
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Page 10
... turn the process of calibration into guesswork . All these difficulties make information asymmetry an unlikely contender to capital scarcity . Finally , even if the explanation could be built as a plausible contender to Gerschenkron's ...
... turn the process of calibration into guesswork . All these difficulties make information asymmetry an unlikely contender to capital scarcity . Finally , even if the explanation could be built as a plausible contender to Gerschenkron's ...
Page 35
... turn , two senior Reichsbank officials , who were asked what would happen if the bank's cash reserve were to fall below the statutory minimum of one- third of its note issue , replied : " We should have to go on discounting bills . We ...
... turn , two senior Reichsbank officials , who were asked what would happen if the bank's cash reserve were to fall below the statutory minimum of one- third of its note issue , replied : " We should have to go on discounting bills . We ...
Page 36
... turn of the century , with the notable exception of Norway . Denmark is said to have been the next bank to adopt central banking , although the information we dispose on that country is of limited value . The Nationalbank was created in ...
... turn of the century , with the notable exception of Norway . Denmark is said to have been the next bank to adopt central banking , although the information we dispose on that country is of limited value . The Nationalbank was created in ...
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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