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How a Ledger Became a Central Bank

How a Ledger Became a Central Bank

A Monetary History of the Bank of Amsterdam

Stephen Quinn, William Roberds

Cambridge University Press
Publication date : 2023-11-30

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Before the US Federal Reserve and the Bank of England, the Bank of Amsterdam ('Bank') was a dominant central bank with a global impact on money and credit. How a Ledger Became a Central Bank draws on extensive archival data and rich secondary literature, to offer a new and detailed portrait of this historically significant institution. It describes how the Bank struggled to manage its money before hitting a modern solution: fiat money in combination with a repurchase facility and discretionary open market operations. It describes techniques the Bank used to monitor and stabilize money stock, and how foreign sovereigns could exploit the liquidity of the Bank for state finance. Closing with a discussion of commonalities of the Bank of Amsterdam with later central banks, including the Federal Reserve, this book has generated a great deal of excitement among scholars of central banking and the role of money in the macroeconomy.

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About the book

Author

Stephen Quinn , William Roberds

Imprint

Cambridge University Press

Collection

n.c

Publication date

2023-11-30

Pages

n.c

Print ISBN

9781108484275

Language

English

Ebook informations

EAN PDF

9781108663441

Price

£27.42

Copy count 0

Print count 0

File size 9185 Ko

Informations accessibility

EAN EPUB

9781108603492

Price

£27.42

Copy count 0

Print count 0

File size 9820 Ko

Informations accessibility

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About author(s)

Stephen Quinn

William Roberds

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