"Der Wechsel - Erleichterung des Geldverkehrs": Der Versuch der Einführung einer Wechselordnung in den Herzogtümern Schleswig und Holstein 1842

Peter Wulf

No 05-19, IBF Paper Series from IBF – Institut für Bank- und Finanzgeschichte / Institute for Banking and Financial History, Frankfurt am Main

Abstract: The bill of exchange has a long history as a general instrument for monetary transactions. The main financial centers made wide use of this tool. The prerequisites were a functioning banking system as an intermediary, as well as a legal framework for bill of exchange transactions. Although neither of these existed in Schleswig-Holstein until the mid-19th century, economic development in Germany at the time called for the introduction of such a legal set up. This paper highlights the obstacles that had to be overcome in this respect in what is a predominantly agricultural region.

JEL-codes: N23 (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-ger
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ibfpps:0519

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