IDEAS home Printed from https://ideas.repec.org/h/pal/psitcp/978-3-319-90248-7_7.html
   My bibliography  Save this book chapter

Public Banks and State Finance in Florence and Venice

In: Financial Innovation and Resilience

Author

Listed:
  • Luciano Pezzolo

    (Ca’Foscari University of Venice)

Abstract

In the seventeenth and eighteenth centuries the series of wars that Venice fought stimulated the search for new ways of financing, while the few wars that involved Florence did not have the same outcome. Part of the difference in the role of government was the location of banks, which were few and concentrated in the Rialto in Venice, while banks were many and scattered throughout Florence. Venetian rulers asked the bankers directly for short-term loans and advance payments. In Florence, the Officiali del Banco handling government debt often bypassed the bankers. With the establishment first of the Banco della Piazza di Rialto and then the Banco Giro in Venice, moreover, the difference between the two cities became ever wider.

Suggested Citation

  • Luciano Pezzolo, 2018. "Public Banks and State Finance in Florence and Venice," Palgrave Studies in the History of Finance, in: Lilia Costabile & Larry Neal (ed.), Financial Innovation and Resilience, chapter 0, pages 147-164, Palgrave Macmillan.
    • Handle: RePEc:pal:psitcp:978-3-319-90248-7_7
    DOI: 10.1007/978-3-319-90248-7_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Goodhart, C. A. E. & Masciandaro, Donato & Ugolini, Stefano, 2021. "Pandemic recession, helicopter money and central banking: Venice, 1630," LSE Research Online Documents on Economics 108555, London School of Economics and Political Science, LSE Library.
    2. Masciandaro, Donato & Goodhart, Charles & Ugolini, Stefano, 2021. "Pandemic recession and helicopter money: Venice, 1629–1631," Financial History Review, Cambridge University Press, vol. 28(3), pages 300-318, December.
    3. Donato Masciandaro & Davide Romelli & Stefano Ugolini, 2023. "Fiscal Dominance, Monetary Policy and Exchange Rates: Lessons from Early-Modern Venice," BAFFI CAREFIN Working Papers 23205, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:psitcp:978-3-319-90248-7_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.