The Origins And Development Of Financial Markets And Institutions

Author : Jeremy Atack,Larry Neal
Publisher : Cambridge University Press
Page : 497 pages
File Size : 54,5 Mb
Release : 2009-03-16
Category : Business & Economics
ISBN : 9781139477048

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The Origins and Development of Financial Markets and Institutions by Jeremy Atack,Larry Neal Pdf

Collectively, mankind has never had it so good despite periodic economic crises of which the current sub-prime crisis is merely the latest example. Much of this success is attributable to the increasing efficiency of the world's financial institutions as finance has proved to be one of the most important causal factors in economic performance. In a series of insightful essays, financial and economic historians examine how financial innovations from the seventeenth century to the present have continually challenged established institutional arrangements, forcing change and adaptation by governments, financial intermediaries, and financial markets. Where these have been successful, wealth creation and growth have followed. When they failed, growth slowed and sometimes economic decline has followed. These essays illustrate the difficulties of co-ordinating financial innovations in order to sustain their benefits for the wider economy, a theme that will be of interest to policy makers as well as economic historians.

Author : Howard Bodenhorn
Publisher : Cambridge University Press
Page : 286 pages
File Size : 48,7 Mb
Release : 2000-02-13
Category : Business & Economics
ISBN : 0521669995

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A History of Banking in Antebellum America by Howard Bodenhorn Pdf

Professor Bodenhorn reveals how America was served by an efficient system of financial intermediaries by the mid-nineteenth century.

Author : Anne L. Murphy
Publisher : Cambridge University Press
Page : 0 pages
File Size : 44,7 Mb
Release : 2012-08-09
Category : Business & Economics
ISBN : 110740620X

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The Origins of English Financial Markets by Anne L. Murphy Pdf

The late seventeenth century was a crucial period in English financial history. A host of joint-stock companies emerged offering the opportunity for investment in projects ranging from the manufacture of paper to the search for sunken treasure. Driven by the demands of the Nine Years' War, the state also employed innovative tactics to attract money, its most famous scheme being the incorporation of the Bank of England. This book provides a comprehensive study of the choices and actions of the investors who enthusiastically embraced London's new financial market. It highlights the interactions between public and private finance, looks at how information circulated around the market and was used by speculators and investors, and documents the establishment of the institutions - the Bank of England, the national debt and an active secondary market in that debt - on which England's financial system was built.

Author : David Chambers,Elroy Dimson
Publisher : CFA Institute Research Foundation
Page : 306 pages
File Size : 53,5 Mb
Release : 2024-06-11
Category : Business & Economics
ISBN : 9781944960162

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Financial Market History: Reflections on the Past for Investors Today by David Chambers,Elroy Dimson Pdf

Since the 2008 financial crisis, a resurgence of interest in economic and financial history has occurred among investment professionals. This book discusses some of the lessons drawn from the past that may help practitioners when thinking about their portfolios. The book’s editors, David Chambers and Elroy Dimson, are the academic leaders of the Newton Centre for Endowment Asset Management at the University of Cambridge in the United Kingdom.

Author : Christopher Kobrak,Joe Martin
Publisher : University of Toronto Press
Page : 414 pages
File Size : 40,5 Mb
Release : 2018-01-01
Category : Business & Economics
ISBN : 9781442616257

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From Wall Street to Bay Street by Christopher Kobrak,Joe Martin Pdf

From Wall Street to Bay Street is the first book for a lay audience to tackle the similarities and differences between the financial systems of Canada and the United States. Christopher Kobrak and Joe Martin reveal the different paths each system has taken since the early nineteenth-century.

Author : Even Lange,Ulf Olsson,Iain L. Fraser
Publisher : Routledge
Page : 366 pages
File Size : 54,9 Mb
Release : 2016-12-05
Category : Business & Economics
ISBN : 9781351952934

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Centres and Peripheries in Banking by Even Lange,Ulf Olsson,Iain L. Fraser Pdf

This volume presents a broad investigation into the relationship between the centre and the periphery in banking. Focusing on the historical development of financial markets, from their emergence in the early modern period to today's global financial and capital markets, the chapters investigate how local, national and international relationships have affected and helped shape the banking industry over three-hundred years. This wide-ranging discussion in time and place is provided by a group of international experts, encompassing bankers, economists, economic historians and historians, and will be of interest to all those with a scholarly or professional interest in the development of financial institutions.

Author : Jakob de Haan,Sander Oosterloo,Dirk Schoenmaker
Publisher : Cambridge University Press
Page : 497 pages
File Size : 40,7 Mb
Release : 2012-06-28
Category : Business & Economics
ISBN : 9781107025943

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Financial Markets and Institutions by Jakob de Haan,Sander Oosterloo,Dirk Schoenmaker Pdf

Second edition of a successful textbook that provides an insightful analysis of the world financial system.

Author : Mark Casson
Publisher : Unknown
Page : 128 pages
File Size : 51,7 Mb
Release : 2011
Category : Capital market
ISBN : 1784712973

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Markets and Market Institutions by Mark Casson Pdf

Author : Youssef Cassis,Gerald D. Feldman,Ulf Olsson
Publisher : Unknown
Page : 362 pages
File Size : 52,8 Mb
Release : 1995
Category : Business & Economics
ISBN : STANFORD:36105009568762

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The Evolution of Financial Institutions and Markets in Twentieth-century Europe by Youssef Cassis,Gerald D. Feldman,Ulf Olsson Pdf

"The last decade has witnessed widespread deregulation in major international financial centres and an increased globalization of financial activities. This phenomenon, which raises the question of the relationship between finance and the real economy, has been widely discussed by financial analysts, but has not yet been placed in its historical perspective. This is one of the first books to address this important problem." "The editors and contributors take as their point of departure the current state of various financial institutions and the ways in which their distinctive features and contemporary tendencies developed. They go on to assess the relationship between the evolution of financial markets and institutions and overall economic development. A wide range of institutions and markets is covered, including central, commercial, savings and investment banks, stock markets and other capital markets. Although most of the chapters concentrate on institutions, several of them apply recent theories and empirical methods such as asset pricing theories, tests for market efficiency, event studies and market integration." "The chapters employ a variety of approaches, representative of the best current research practices in financial history, and deal with nine different countries. However, they converge on three interrelated questions: the stability, efficiency and discipline of the financial sector. Hence the book will appeal to economic historians as well as to economists and financial analysts."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Author : Jeremy Atack,Larry Neal
Publisher : Cambridge University Press
Page : 497 pages
File Size : 55,7 Mb
Release : 2009-03-16
Category : Business & Economics
ISBN : 9780521895170

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The Origins and Development of Financial Markets and Institutions by Jeremy Atack,Larry Neal Pdf

Leading historians examine how financial innovations have challenged established institutional arrangements from the seventeenth century to the present.

Author : William N. Goetzmann,K. Geert Rouwenhorst
Publisher : Oxford University Press, USA
Page : 418 pages
File Size : 49,6 Mb
Release : 2005
Category : Business & Economics
ISBN : 9780195175714

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The Origins of Value by William N. Goetzmann,K. Geert Rouwenhorst Pdf

The analysis of original documents is a means for economists to focus on the primary text, to analyze and interpret the object and to move to interpretation and understanding of its relationship to modern financial instruments and markets. The result is a collection of interdisciplinary studies of the key innovations in finance from the Old Babylonian loan tablets, to the 1953 London Debt Agreement that span regions in Asia, Africa, North America and Europe.

Author : Linda Allen
Publisher : John Wiley & Sons
Page : 804 pages
File Size : 53,9 Mb
Release : 1997-01-31
Category : Business & Economics
ISBN : 9780471130499

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Capital Markets and Institutions by Linda Allen Pdf

Intended for Junior/Senior/MBA course in Financial Markets, Capital Markets and Institutions. Using an international focus, this text integrates the financial markets with the activities of financial intermediaries. This approach enables students to understand the role of financial intermediaries in the development of financial markets. Throughout the text, the emphasis is on "how things are done on the street." The origins, major participants, pricing and settlements and typical transactions for all financial markets are also included.

Author : Youssef Cassis,Richard S. Grossman,Catherine R. Schenk
Publisher : Oxford University Press
Page : 552 pages
File Size : 54,7 Mb
Release : 2016-06-23
Category : Business & Economics
ISBN : 9780191633218

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The Oxford Handbook of Banking and Financial History by Youssef Cassis,Richard S. Grossman,Catherine R. Schenk Pdf

The financial crisis of 2008 aroused widespread interest in banking and financial history among policy makers, academics, journalists, and even bankers, in addition to the wider public. References in the press to the term 'Great Depression' spiked after the failure of Lehman Brothers in November 2008, with similar surges in references to 'economic history' at various times during the financial turbulence. In an attempt to better understand the magnitude of the shock, there was a demand for historical parallels. How severe was the financial crash? Was it, in fact, the most severe financial crisis since the Great Depression? Were its causes unique or part of a well-known historical pattern? And have financial crises always led to severe depressions? Historical reflection on the recent financial crises and the long-term development of the financial system go hand in hand. This volume provides the material for such a reflection by presenting the state of the art in banking and financial history. Nineteen highly regarded experts present chapters on the economic and financial side of banking and financial activities, primarily though not solely in advanced economies, in a long-term comparative perspective. In addition to paying attention to general issues, not least those related to theoretical and methodological aspects of the discipline, the volume approaches the banking and financial world from four distinct but interrelated angles: financial institutions, financial markets, financial regulation, and financial crises.

Author : Arie Arnon,Maria Cristina Marcuzzo,Annalisa Rosselli
Publisher : Unknown
Page : 0 pages
File Size : 41,8 Mb
Release : 2022
Category : Electronic
ISBN : 3030867544

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Financial Markets in Perspective by Arie Arnon,Maria Cristina Marcuzzo,Annalisa Rosselli Pdf

This book examines financial markets from a historical perspective. Bringing together contributions from leading historians of economic thought, economists and economic historians, it offers an integrated approach and reflects on the workings of financial markets, their impact on and relation with the rest of the economy and how their role was and is understood by economics. The contributions cover topics such as classical and modern economic thinking on financial markets and institutions, as well as financial models and innovations, and also present case studies on financial history and on policy issues. The historical perspective leads to a representation of markets not as abstract and timeless mechanisms but as institutions populated by a diversity of agents, subject to rules and customs, and influenced by scientific developments and economic theories.

Author : Irene Finel-Honigman
Publisher : Routledge
Page : 353 pages
File Size : 45,7 Mb
Release : 2009-10-16
Category : Business & Economics
ISBN : 9781135238513

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A Cultural History of Finance by Irene Finel-Honigman Pdf

The world of finance is again undergoing crisis and transformation. This book provides a new perspective on finance through the prism of popular and formal culture and examines fascination and repulsion toward money, the role of governments and individuals in financial crises and how the Crisis of 2008, like others since 1720, repeat the same patterns of enthusiasm, greed, culpability, revulsion, reform and recovery. The book explores the political and socio-economic factors which determine fallibility and resilience in financial cultures, periods of crisis, transition and recovery based on cyclical rather than linear progression. Examining the roots of financial capitalism, in Europe and the United States and its corollary development in Asia, Russia and emerging markets proves that cultural and psychosocial reactions to financial success, endeavor and calamity transcend specific periods or events. The book allows the reader to discover parallel and intersecting reactions, controversies and resolutions in the cultural history of financial markets and institutions.