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| Author: | Hortlund, P. |
| Title: | The provision of liquidity in the Swedish note banking system, 1878-1901 |
| Journal: | Scandinavian economic history review
2007 : VOL. 55:1, p. 20-40 |
| Index terms: | banking economic history liquidity Sweden |
| Language: | eng |
| Abstract: | This study describes the working of the "asset currency" provided by the Swedish note banking system in 1878-1901. Natural and institutional conditions caused the demand for currency to peak in March and September, with troughs in July and January. This article investigates how the Enskilda banks provided liquidity to solve the problem. This is done by describing how the volume of notes varied over the year, and how other balance sheet items co-moved with them. |
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