Finance, Intermediaries, and Economic Development [Paperback]

This volume examines financial economic intermediation in Europe, Canada, and the United States since the seventeenth century.This volume includes ten essays dealing with financial and other forms of economic intermediation in Europe, Canada, and the United States since the seventeenth century. Each relates the development of institutions to economic change and describes their evolution over time, as well as discusses several different forms of intermediation and deals with significant economic and historical issues.This volume includes ten essays dealing with financial and other forms of economic intermediation in Europe, Canada, and the United States since the seventeenth century. Each relates the development of institutions to economic change and describes their evolution over time, as well as discusses several different forms of intermediation and deals with significant economic and historical issues.This volume includes ten essays concerned with financial and other forms of economic intermediation in Europe, Canada, and the United States, dating from the seventeenth century through the twentieth. The essays relate the development of institutions to economic change and describe their evolution over time. Each also discusses several different forms of intermediation and deals with significant economic and historical issues.List of contributors; Preface; Introduction; Part I. Financial Intermediaries in Europe: 1. Markets and institutions in the rise of London as a financial center in the seventeenth century Larry Neal and Steven Quinn; 2. The Paris bourse, 17241814: experiments in microstructure Eugene N. White; 3. No exit: notarial bankruptcies and the evolution of financial intermediation in nineteenth century Paris Philip T. Hoffman, Giles Postel-Vinay, and Jean-Laurent Rosenthal; Part II. Financial Intermediaries in the Americas: 4. The mortgage market in Upper Canada: window on a pioneer economy Angela Redish; 5. Integration of US capital markets: southlCZ