The Bank of England and the government debt : (Record no. 9744)
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fixed length control field | 03368nam a2200409 i 4500 |
001 - CONTROL NUMBER | |
control field | CR9781108605830 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | UkCbUP |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20240301142638.0 |
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS | |
fixed length control field | m|||||o||d|||||||| |
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
fixed length control field | cr|||||||||||| |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 170831s2019||||enk o ||1 0|eng|d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
International Standard Book Number | 9781108605830 (ebook) |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
Canceled/invalid ISBN | 9781108499835 (hardback) |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
Canceled/invalid ISBN | 9781108469524 (paperback) |
040 ## - CATALOGING SOURCE | |
Original cataloging agency | UkCbUP |
Language of cataloging | eng |
Description conventions | rda |
Transcribing agency | UkCbUP |
043 ## - GEOGRAPHIC AREA CODE | |
Geographic area code | e-uk--- |
050 00 - LIBRARY OF CONGRESS CALL NUMBER | |
Classification number | HG2994 |
Item number | .A525 2019 |
082 00 - DEWEY DECIMAL CLASSIFICATION NUMBER | |
Classification number | 332.1/109420904 |
Edition number | 23 |
100 1# - MAIN ENTRY--PERSONAL NAME | |
Personal name | Allen, Bill, |
Dates associated with a name | 1949- |
Relator term | author. |
245 14 - TITLE STATEMENT | |
Title | The Bank of England and the government debt : |
Remainder of title | operations in the gilt-edged market, 1928-1972 / |
Statement of responsibility, etc. | William A. Allen. |
264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
Place of production, publication, distribution, manufacture | Cambridge : |
Name of producer, publisher, distributor, manufacturer | Cambridge University Press, |
Date of production, publication, distribution, manufacture, or copyright notice | 2019. |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 1 online resource (xiv, 260 pages) : |
Other physical details | digital, PDF file(s). |
336 ## - CONTENT TYPE | |
Content type term | text |
Content type code | txt |
Source | rdacontent |
337 ## - MEDIA TYPE | |
Media type term | computer |
Media type code | c |
Source | rdamedia |
338 ## - CARRIER TYPE | |
Carrier type term | online resource |
Carrier type code | cr |
Source | rdacarrier |
490 1# - SERIES STATEMENT | |
Series statement | Studies in macroeconomic history |
500 ## - GENERAL NOTE | |
General note | Title from publisher's bibliographic system (viewed on 04 Jan 2019). |
505 8# - FORMATTED CONTENTS NOTE | |
Formatted contents note | Machine generated contents note: 1. Introduction; 2. Price and quantity discovery, market making and liquidity in the gilt market; 3. Government securities and the structure of the stock exchange; 4. Government debt management before 1928; 5. The gilt market and the Issue Department 1928-39; 6. Government debt management and the gilt market in the Second World War; 7. Post-War: 1945-51; 8. The gilt market from the reactivation of monetary policy until 1960; 9. Gilt market liquidity in the 1960s; 10. The high tide of intervention: 1960-66; 11. The conflict with monetary policy recognised and addressed: 1967-70; 12. Competition and credit control, 1970-72; 13. The Bank of England's contribution to market liquidity; 14. Governance in practice; 15. Conclusions; 16. Epilogue: bearing the cost of providing liquidity. |
520 ## - SUMMARY, ETC. | |
Summary, etc. | The Bank of England and the Government Debt recounts the surprising history of the Bank of England's activities in the government securities market in the mid-twentieth century. The Bank's governor, Montagu Norman, had a decisive influence on government debt management policy until he retired in 1944, and established an auxiliary market in government securities outside the Stock Exchange during the Second World War. From the early 1950s, the Bank, concerned about inadequate market liquidity, became an increasingly active market-maker in government securities, rescuing the commercial market-makers in the Stock Exchange several times. The Bank's market-making activities often conflicted with its monetary policy objectives, and in 1971, it curtailed them substantially, while avoiding the damaging effects on liquidity in the government securities market that it had feared. Drawing heavily on archival research, William A. Allen sheds light on little-known aspects of central-banking and monetary policy. |
610 20 - SUBJECT ADDED ENTRY--CORPORATE NAME | |
Corporate name or jurisdiction name as entry element | Bank of England |
General subdivision | History |
Chronological subdivision | 20th century. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Monetary policy |
Geographic subdivision | Great Britain |
General subdivision | History |
Chronological subdivision | 20th century. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Banks and banking, Central |
Geographic subdivision | Great Britain |
General subdivision | History |
Chronological subdivision | 20th century. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Debts, Public |
Geographic subdivision | Great Britain |
General subdivision | History |
Chronological subdivision | 20th century. |
776 08 - ADDITIONAL PHYSICAL FORM ENTRY | |
Relationship information | Print version: |
International Standard Book Number | 9781108499835 |
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
Uniform title | Studies in macroeconomic history. |
856 40 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://doi.org/10.1017/9781108605830">https://doi.org/10.1017/9781108605830</a> |
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