The big problem of large bills
the Bank of Amsterdam and the origins of central banking
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Author
Contributions
- Roberds, William. - Contributor
- Federal Reserve Bank of Atlanta. - Contributor
Publication
2005 - Federal Reserve Bank of Atlanta, Atlanta, Ga., Georgia
Language
English
Word Count
0 words, Guess
Page Count
0 pages
Physical Format
Electronic resource
Identifiers
- Library of Congress Control Number2005705306
- Open LibraryOL3479594M
Classifications
- LCCHB1
Description
"This paper outlines a model of the first true central bank, the Bank of Amsterdam, founded in 1609. Employing a variant of the Freeman (1996) model of money and payments, we first analyze the problematic monetary situation in the Netherlands prior to the founding of the Bank. We then use the model to describe how the Bank could remedy this situation by creating a stable medium for the settlement of commercial obligations."--Federal Reserve Bank of Atlanta web site.
Subjects
Series Statement
- Working paper series / Federal Reserve Bank of Atlanta ;
- 2005-16
- Working paper series (Federal Reserve Bank of Atlanta : Online) ;
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