The Modernization of the National Bank of Sweden: The Riksbank

Anders Ögren

Chapter 5 in The Swedish Financial Revolution, 2010, pp 79-94 from Palgrave Macmillan

Abstract: Abstract A central bank is usually defined by its functions: responsible for the nation’s currency as the issuer of base money, the bank of the state, the bankers’ bank and responsible for lender of last resort (and in addition to this, the central bank is sometimes also defined as the supervising authority of the banking/financial system).

Keywords: Monetary Policy; Central Bank; Banking System; Commercial Bank; Saving Bank (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-29723-4_5

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DOI: 10.1057/9780230297234_5

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