2012 Help me understand this report
Liquidity Preference and Interest-Bearing Money: The Ottoman Empire, 1840-1851
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“…13 Accounts with the central bank sometimes bear a low rate of interest. Also, some notes historically paid interest (Burdekin and Keskinel 2013). 14 Bank deposits are a good example of a cash equivalent.…”
Section: Section 2: the Institutional Mechanics Of The Bank As A Lendmentioning
confidence: 99%
“…13 Accounts with the central bank sometimes bear a low rate of interest. Also, some notes historically paid interest (Burdekin and Keskinel 2013). 14 Bank deposits are a good example of a cash equivalent.…”
Section: Section 2: the Institutional Mechanics Of The Bank As A Lendmentioning
confidence: 99%
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