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Author: D.K. Sheppard Publisher: Routledge ISBN: 1136610308 Category : Business & Economics Languages : en Pages : 240
Book Description
First published in 1971, this monetary theory text looks at the United Kingdom's financial institutions and financial statistics as published by the Bank of England or by Government agencies from 1880-1962.
Author: D.K. Sheppard Publisher: Routledge ISBN: 1136610308 Category : Business & Economics Languages : en Pages : 240
Book Description
First published in 1971, this monetary theory text looks at the United Kingdom's financial institutions and financial statistics as published by the Bank of England or by Government agencies from 1880-1962.
Author: William A. Allen Publisher: Cambridge University Press ISBN: 1108584306 Category : Business & Economics Languages : en Pages : 277
Book Description
The Bank of England and the Government Debt recounts the surprising history of the Bank of England's activities in the government securities market in the mid-twentieth century. The Bank's governor, Montagu Norman, had a decisive influence on government debt management policy until he retired in 1944, and established an auxiliary market in government securities outside the Stock Exchange during the Second World War. From the early 1950s, the Bank, concerned about inadequate market liquidity, became an increasingly active market-maker in government securities, rescuing the commercial market-makers in the Stock Exchange several times. The Bank's market-making activities often conflicted with its monetary policy objectives, and in 1971, it curtailed them substantially, while avoiding the damaging effects on liquidity in the government securities market that it had feared. Drawing heavily on archival research, William A. Allen sheds light on little-known aspects of central banking and monetary policy.
Author: D.K. Sheppard
Author: D.K. Sheppard
Author: David Kent Sheppard
Author: D. K. Sheppard
Author: David K. Sheppard
Author: David K. Sheppard
Author: David K. Sheppard
Author: David Kent Sheppard
Author: D. K. Sheppard
Author: 
Author: William A. Allen