دورية أكاديمية
Central Bank Cooperation and Lending of Last Resort in the Scandinavian Monetary Union
| العنوان: | Central Bank Cooperation and Lending of Last Resort in the Scandinavian Monetary Union |
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| المؤلفون: | Ögren Anders, Trautwein Hans-Michael |
| المصدر: | Jahrbuch für Wirtschaftsgeschichte, Vol 63, Iss 2, Pp 433-494 (2022) |
| بيانات النشر: | De Gruyter, 2022. |
| سنة النشر: | 2022 |
| المجموعة: | LCC:Economic history and conditions LCC:Economics as a science |
| مصطلحات موضوعية: | monetary union, central bank cooperation, banking crises, lending of last resort, scandinavia, währungsunion, zentralbankkooperation, bankkrisen, skandinavien, b 13, e 58, f 45, g 01, Economic history and conditions, HC10-1085, Economics as a science, HB71-74 |
| الوصف: | The functioning of multi-nation monetary unions with several central banks is conditioned by many factors and considerations, such as the capacity to deal with crises, the political will and operational skill to foster financial integration and to develop a mix of rules and discretion in the cooperation between the central banks. The Scandinavian monetary union (SMU) between 1873 and 1931 is a case in point for illustrating the importance of these factors and considerations. We examine the policies implemented in the Scandinavian countries to deal with asymmetries of payments flows and with financial crises at three levels: in an account of major crises that required lending of last resort, in a study of the clearing and settlement mechanism established in the union, and in a survey of contemporary economists’ views on lending of last resort and cooperation in the SMU. |
| نوع الوثيقة: | article |
| وصف الملف: | electronic resource |
| اللغة: | German English |
| تدمد: | 0075-2800 2196-6842 |
| Relation: | https://doaj.org/toc/0075-2800; https://doaj.org/toc/2196-6842 |
| DOI: | 10.1515/jbwg-2022-0016 |
| URL الوصول: | https://doaj.org/article/edee088afed240c7879a5b42082bc7cf |
| رقم الأكسشن: | edsdoj.088afed240c7879a5b42082bc7cf |
| قاعدة البيانات: | Directory of Open Access Journals |
Full Text Finder | تدمد: | 00752800 21966842 |
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| DOI: | 10.1515/jbwg-2022-0016 |