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Finance and Credit

24(552) - 2013 June

English bank in historical retrospective: formation and use of profit (1797-1815)

Vol. 19, Iss. 24, JUNE 2013

Available online: 26 June 2013

Subject Heading: PAGES OF HISTORY

JEL Classification:

Smirnova O.V. PhD in Economics, Associate Professor, the Department of Economy and Finance, the Tverskaya branch of the Russian Academy of National Economy and Public Administration under the President of the RF
smirnova-ranhigs@yandex.ru

In the article it is investigated as the profit of English bank in 1797-1815 was formed and used. Calculations of the amount of seigniorage and quasi-seigniorage of the bank during the specified period are presented.

Keywords: English bank, Ricardo, profit, seigniorage and quasi-seigniorage

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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