Explaining Monetary and Financial Innovation : A Historical Analysis

Language: English

Published by Springer, 2014

3319061089 / 9783319061085

Series: Book 6 of 20 - Financial and Monetary Policy Studies

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - 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.

Seller Inventory # 9783319061085

Title
Explaining Monetary and Financial Innovation : A Historical Analysis
Author
Peter Bernholz
Publisher
Springer
Publication year
2014
Condition
Neu
Binding
Buch
Language
English
ISBN 10
3319061089
ISBN 13
9783319061085
Item weight
729 grams
Dimensions
241x160x26 mm
Series
Book 6 of 20: Financial and Monetary Policy Studies

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

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Einbeck, Germany 37574