Private borrowing during the financial revolution: Hoare’s Bank and its customers, 1702-1724
Mostra el registre complet Registre parcial de l'ítem
- dc.contributor.author Temin, Peterca
- dc.contributor.author Voth, Hans-Joachimca
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2017-07-26T12:07:53Z
- dc.date.available 2017-07-26T12:07:53Z
- dc.date.issued 2005-05-01
- dc.date.modified 2017-07-23T02:09:34Z
- dc.description.abstract The financial revolution improved the British government s ability to borrow, and thus its ability to wage war. North andWeingast argued that it also permitted private parties to borrow more cheaply and widely.We test these inferences with evidence from a London bank.We confirm that private bank credit was cheap in the early eighteenth century, but we argue that it was not available widely. Importantly, the government reduced the usury rate in 1714, sharply reducing the circle of private clients that could be served profitably.
- dc.format.mimetype application/pdfca
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=860
- dc.identifier.citation Economic History Review, August 2008, 61 (3), pp. 541-564.
- dc.identifier.uri http://hdl.handle.net/10230/364
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 860
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword financial revolution
- dc.subject.keyword growth
- dc.subject.keyword finance
- dc.subject.keyword rationing
- dc.subject.keyword usury laws
- dc.subject.keyword institutional evelopment
- dc.subject.keyword eighteenth-century england
- dc.subject.keyword Economic and Business History
- dc.title Private borrowing during the financial revolution: Hoare’s Bank and its customers, 1702-1724ca
- dc.type info:eu-repo/semantics/workingPaper