Central Banking and Policy Responses to the Crisis

Fotios Pasiouras

Chapter 4 in Greek Banking, 2012, pp 53-68 from Palgrave Macmillan

Abstract: Abstract The history of central banking goes back to the seventeenth century, with the establishment of the Bank of Amsterdam in 1609 (Quinn and Roberds, 2009), that was followed by the foundation of the Swedish Riksbank in 1668. One of the most well-known central banks in Europe, the Bank of England, was established in 1694 with the goal of purchasing government debt and financing the King’s military campaign. The establishment of the Banque de France in 1800 aimed to stabilize the hyperinflation of paper money and to aid government finance (Bordo, 2007; Lykogiannis, 2003).

Keywords: Monetary Policy; Central Bank; Euro Area; European Central Bank; Credit Institution (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-27157-0_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137271570

DOI: 10.1057/9781137271570_4

Access Statistics for this chapter

More chapters in Palgrave Macmillan Studies in Banking and Financial Institutions from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().