Explaining Monetary and Financial Innovation A Historical Analysis /

• Corporate Author: SpringerLink (Online service)
• Other Authors: Bernholz, Peter (Editor), Vaubel, Roland (Editor)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2014.
• Series: Financial and Monetary Policy Studies, 39
• Subjects: Management.; Industrial management.; Macroeconomics.; Economic policy.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Innovation/Technology Management.; Economic Systems.; R & D/Technology Policy.

This book discusses theories of monetary and financial innovation and applies them to key monetary and financial innovations in history – starting with the use of silver bars in Mesopotamia and ending with the emergence of the Eurodollar market in London. The key monetary innovations are coinage (As...