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Dette publique, Banque d'Angleterre et taux d'intérêt: 1694-1800


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    Nous rappelons que les deux ans et demi de négociation (1692-1694) entre un groupe d'investisseurs et le gouvernement anglais, qui ont conduit à l'établissement de la Banque d'Angleterre, avaient pour objectif de garantir la liquidité d'un nouvel emprunt public et non pas d'établir une banque. Nous analysons l'évolution de la Banque d'Angleterre au dix-huitième siècle et montrons le rôle qu'elle a joué pour rendre la dette publique liquide et faire baisser les taux d'intérêt. Hume et Smith l'avaient perçu.

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    Article provided by Association Française de Cliométrie (AFC) in its journal Economies et Sociétés (Serie 'Histoire Economique Quantitative').

    Volume (Year): (2006)
    Issue (Month): 34 (February)
    Pages: 215-232

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    Handle: RePEc:afc:ecosoc:y:2006:i:34:p:215-232

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