LEADER 04374nam 22006975 450 001 9910298511803321 005 20200919152538.0 010 $a3-319-10617-1 024 7 $a10.1007/978-3-319-10617-5 035 $a(CKB)3710000000324949 035 $a(EBL)1965315 035 $a(OCoLC)908083337 035 $a(SSID)ssj0001407890 035 $a(PQKBManifestationID)11755976 035 $a(PQKBTitleCode)TC0001407890 035 $a(PQKBWorkID)11411621 035 $a(PQKB)10386167 035 $a(DE-He213)978-3-319-10617-5 035 $a(MiAaPQ)EBC1965315 035 $a(PPN)183148630 035 $a(EXLCZ)993710000000324949 100 $a20141229d2015 u| 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aEvolution of Central Banking? $eDe Nederlandsche Bank 1814 -1852 /$fby Roland Uittenbogaard 205 $a1st ed. 2015. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2015. 215 $a1 online resource (181 p.) 300 $aDescription based upon print version of record. 311 $a3-319-10616-3 320 $aIncludes bibliographical references. 327 $aIntroduction -- Theories on the Emergence and Development of Central Banking -- Dutch Economy and State 1800 - 1860 -- Establishment of De Nederlandsche Bank in 1814 -- Corporate Governance of DNB -- Relationship to the Government -- DNB's Role in the Payment System (1814 - 1852) -- DNB's Credit Policy (1814 - 1870) -- Summary and Conclusion -- Annexes: Granger Causality Test, Market Rate and Bank Rate -- Ordered-Probit Regressions -- A Monetary Policy Reaction Function for DNB 1814 - 1870 -- Literature. 330 $aThe book analyses the establishment of De Nederlandsche Bank and its early development as a case study to test competing theories on the historical development of central banking. It is shown that the establishment of DNB can be explained by both the fiscal theory and the financial stability theory. Later development makes clear that the financial stability role of DNB prevailed. DNBīs bank notes were not forced onto the public and competition was fierce. A prudent and independent stance was necessary to be able to play its intended role. This meant that DNB played a modest role in the Amsterdam money market until 1852. By 1852 it had established itself to become the central bank. By then its bank notes had become generally accepted and it could start to operate as a reserve bank. Also the market context had changed dramatically, its competitors had been driven out of the market and several credit institutions had become customers of DNB. "On the occasion of the Nederlandsche Bank's 200th Anniversary, it is good to have a new, and an extremely good, history of its founding and first fifty years of operation. The only previous account of this period of the DNB's history was legalistic and did not sufficiently place the Bankīs development in its wider context. Uittenbogaard's book provides a much broader, and better, story of the personnel, economics, and finance of the DNB at this juncture." - Charles Goodhart, LSE. 606 $aMacroeconomics 606 $aFinance 606 $aEconomic policy 606 $aPublic administration 606 $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000 606 $aFinance, general$3https://scigraph.springernature.com/ontologies/product-market-codes/600000 606 $aEconomic Policy$3https://scigraph.springernature.com/ontologies/product-market-codes/W34010 606 $aPublic Administration$3https://scigraph.springernature.com/ontologies/product-market-codes/W34030 615 0$aMacroeconomics. 615 0$aFinance. 615 0$aEconomic policy. 615 0$aPublic administration. 615 14$aMacroeconomics/Monetary Economics//Financial Economics. 615 24$aFinance, general. 615 24$aEconomic Policy. 615 24$aPublic Administration. 676 $a330 676 $a332 676 $a338.9 676 $a339 700 $aUittenbogaard$b Roland$4aut$4http://id.loc.gov/vocabulary/relators/aut$01061705 906 $aBOOK 912 $a9910298511803321 996 $aEvolution of Central Banking$92519752 997 $aUNINA