Explaining Monetary and Financial Innovation

Name: Explaining Monetary and Financial Innovation
Brand: Springer International Publishing AG
SKU: 9783319061085
Price: 3426 CZK
Availability: InStock

A Historical Analysis

Autor: Peter Bernholz, Roland Vaubel

Jazyk:

Vazba: Pevná

Vydavatel: Springer International Publishing AG

Dostupnost: Skladem u dodavatele

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3 426 Kč

This book discusses theories of monetary and financial innovation and applies them to key monetary a...

Informace o knize

Autor

Peter Bernholz, Roland Vaubel

Jazyk

Angličtina

Vazba

Kniha - Pevná

Vydáno

2014

Stránek

366

EAN

9783319061085

ISBN

3319061089

Enbook ID

02526931

Vydavatel

Springer International Publishing AG

Hmotnost

694

Rozměry

243 x 163 x 26

Kompletní popis

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.

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Explaining Monetary and Financial Innovation

A Historical Analysis

Informace o knize

Kompletní popis

Mohlo by vás zajímat

Zákaznicí kteří koupili tuto knihu koupili také