IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-25165-0_5.html
   My bibliography  Save this book chapter

Central Banking before 1914

In: The Integration of the European Economy, 1850–1913

Author

Listed:
  • Lee A. Craig

    (North Carolina State University
    National Bureau of Economic Research)

  • Douglas Fisher

    (North Carolina State University)

Abstract

In this chapter we address questions relating to the evolution of central banks during the period 1850–1913. While the operation of the gold standard gets the most attention in the literature, there was considerably more to central bank behaviour than merely adhering to the gold standard. As we show below, the monetary authorities of individual countries sometimes pursued what might be characterized as domestic monetary objectives from time to time. They also supervised their domestic banking systems, at least in some cases. It will be the main task of this chapter to discuss the institutional details of the financial sectors of the major European economies, keeping one eye on the operation of the gold standard (or its failure to operate as designed) and one eye on the evolving nature of central banking itself.

Suggested Citation

  • Lee A. Craig & Douglas Fisher, 1997. "Central Banking before 1914," Palgrave Macmillan Books, in: The Integration of the European Economy, 1850–1913, chapter 5, pages 99-129, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25165-0_5
    DOI: 10.1007/978-1-349-25165-0_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-25165-0_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.