Add to ORKGThroughout history, at multiple times, countries have implemented central banking systems by monopolizing currencies. The following study looks at key indicators such as bond yields, central bank legislation and free banking era legislation to identify whether changes were due to economic necessity or political opportunism on the part of politicians. The study will analyze 5 countries, most notably Australia, Sweden, Switzerland, United States and Scotland, all of which have had a free banking period and can shed some light on the topic of transition from a free banking system to a centralized monopoly. The comparison draws light on the diverse problems and challenges that arose, most notably finding that in the majority of cases, governmen...
textabstractIntroductory Remarks: There are few institutions linked to the exercise of public power ...
Central bank independence, which increased over the past 50 years around the world, has recently com...
From a normative perspective, it is striking that the degree of central bank independence (CBI) vari...
Throughout history, at multiple times, countries have implemented central banking systems by monopol...
Central banks are among the most powerful institutions in the world: they are granted a legal monopo...
Item does not contain fulltextThis chapter investigates the origins and development of central banki...
The increasing independence ofcentral banksfrom governments in a greater number ofstates is the cent...
The history of central banking can be divided into periods of consensus about the roles and function...
The ongoing financial crisis is shaking central bankers’ certainties about their mission, and a reth...
The ongoing financial crisis is shaking central bankers’ certainties about their mission, and a reth...
During the past decades, central banks acquired considerable independence from democratic institutio...
Both studies of political power and Europeanization studies have tended to neglect central banks. As...
This paper reviews recent research on the political economy of monetary policy-making, both by econo...
International audienceThe question of the relationship between monetary and fiscal authorities seems...
This paper argues that the choice between free banking and central bank NGDP targeting is a difficul...
textabstractIntroductory Remarks: There are few institutions linked to the exercise of public power ...
Central bank independence, which increased over the past 50 years around the world, has recently com...
From a normative perspective, it is striking that the degree of central bank independence (CBI) vari...
Throughout history, at multiple times, countries have implemented central banking systems by monopol...
Central banks are among the most powerful institutions in the world: they are granted a legal monopo...
Item does not contain fulltextThis chapter investigates the origins and development of central banki...
The increasing independence ofcentral banksfrom governments in a greater number ofstates is the cent...
The history of central banking can be divided into periods of consensus about the roles and function...
The ongoing financial crisis is shaking central bankers’ certainties about their mission, and a reth...
The ongoing financial crisis is shaking central bankers’ certainties about their mission, and a reth...
During the past decades, central banks acquired considerable independence from democratic institutio...
Both studies of political power and Europeanization studies have tended to neglect central banks. As...
This paper reviews recent research on the political economy of monetary policy-making, both by econo...
International audienceThe question of the relationship between monetary and fiscal authorities seems...
This paper argues that the choice between free banking and central bank NGDP targeting is a difficul...
textabstractIntroductory Remarks: There are few institutions linked to the exercise of public power ...
Central bank independence, which increased over the past 50 years around the world, has recently com...
From a normative perspective, it is striking that the degree of central bank independence (CBI) vari...