Browsing Discussion papers (SAM) by Subject "bank rate"
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The decentralised central bank : regional bank rate autonomy in Norway, 1850-1892
(Discussion paper;6/2013, Working paper, 2013-03)Before 1893 the regional branches of Norges Bank set their own bank rates. We discuss how bank rate autonomy could be reconciled with the fixed exchange rate commitments of the silver and gold standard. Although the ...