Monetary and Banking History: Essays in Honour of Forrest Capie

by Wood; Geoffrey

• ISBN13: 9780415451468
• ISBN10: 0415451469
• Edition: 1st
• Format: Hardcover
• Copyright: 2011-03-10
• Publisher: Routledge

Summary

Forrest Capie is an eminent economic historian who has published extensively on a wide range of topics, with an emphasis on banking and monetary history, particularly in the nineteenth and twentieth centuries, but also in other areas such as tariffs and the interwar economy. He is also a former editor of the Economic History Review, one of the leading academic journals in this discipline. This book comprises a collection of papers by eminent scholars in the fields of historiography, banking, monetary economics both domestic and international, and tariff theory and policy, all areas to which Forrest Capie, in whose honour this book was produced, has made major contributions. Under the editorship of Geoffrey Wood, Terence Mills and Nicholas Crafts, this book brings together a stellar line of contributors #xE2;#xAC;#x1C; including Charles Goodhart, Harold James, Michael Bordo, Barry Eichengreen and Charles Calomiris. The book analyses many of the mainstream themes in economic and financial history #xE2;#xAC;#x1C; monetary policy, international financial regulation, economic performance, exchange rate systems, international trade, banking and financial markets #xE2;#xAC;#x1C; where historical perspectives are considered important. The current wave of globalisation has stimulated interest in many of these areas as #xE2;#xAC;#xDC;lessons of history#xE2;#xAC;" are sought. These themes also reflect the breadth of Capie#xE2;#xAC;"s work in terms of time periods and topics. This expertly written book contain original scholarly work, often with new empirical results, and will be of interest to Economics postgraduates and researchers, particularly those focussing on monetary economics, banking and economic history, as well as to Central Bankers and trade negotiators.

Table of Contents

Introduction 1. Forrest Capie as a Monetary and Banking Historian 2. Openness and Britain's Productivity Performance, 1870 - 1990 3. Monetary Policy and the Yield on High Yield (Junk) Bonds, 1910 - 1955 4. The International Financial Architecture in the First Half of the 20th Century 5. An Essay 6. Sudden Stops and Output Drops: Tales from the Gold Standard Years 7. Information Flows in 19th Century British Banking 8. Monetary Policy and Reserve Ratios over the Business Cycle 9. Tariffs and the Growth of Atlantic Trade 10. The Yield on Long Bonds in the Long Run 11. Another Essay