| 书目名称 | Explaining Monetary and Financial Innovation | | 副标题 | A Historical Analysi | | 编辑 | Peter Bernholz,Roland Vaubel | | 视频video | | | 概述 | Presents an overview of the most important key financial innovations in history.Illustrates why, historically, almost all important monetary innovations emerged in small, open and competing states.Exp | | 丛书名称 | Financial and Monetary Policy Studies | | 图书封面 |  | | 描述 | 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. | | 出版日期 | Book 2014 | | 关键词 | Eurodollar Market; Financial Case Study; Financial Innovation; History of Finance; Monetary Innovation | | 版次 | 1 | | doi | https://doi.org/10.1007/978-3-319-06109-2 | | isbn_softcover | 978-3-319-38341-5 | | isbn_ebook | 978-3-319-06109-2Series ISSN 0921-8580 Series E-ISSN 2197-1889 | | issn_series | 0921-8580 | | copyright | Springer International Publishing Switzerland 2014 |
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发表于 2025-3-21 20:07:53
