Monetary Policy of the Reichsbank (1876-1914) between the State and the Market

古典金本位的历史（19世纪70年代至1914年）和中央银行在这个时代的行为继续在国际经济史和经济学文献中深入探讨。特别是，近年来出版了关于奥匈帝国银行历史的相关著作，以及关于法国银行和英格兰银行历史的著作。此外，还有几篇关于（世界）货币体系的运作以及外围国家与金本位制的西北欧核心的联系的重要论文。从国际上的热烈讨论来看，值得注意的是，尽管德国被算作古典金本位制的核心国家之一，但最近几乎没有任何关于这个国家及其中央银行--德意志帝国银行--历史的研究。该项目旨在部分填补这一研究空白。这是第一次，定期制作的德意志帝国银行两个管理机构的会议记录将被审查，使用数字历史方法进行处理，并根据叙事经济学等原则进行解释。除其他外，将审查现有的叙述，并在必要时予以补充或修订。此外，还将收集档案记录中的定量数据，以便在更坚实的数据基础上对帝国银行在金本位机制中的行为进行气候计量学研究，并验证其核心见解。该项目将大大提高我们对帝国银行历史以及金本位运作的认识。它将研究德意志帝国银行和商业银行之间的竞争与合作，重点是金融危机期间的行动和互动。此外，还将研究赖希总理与政治上依赖的德意志帝国银行之间的关系，重点是外交政策危机和公共财政对货币政策的影响。

The history of the classical gold standard (1870s to 1914) and the behavior of central banks within this era continues to be intensively explored in the international economic history and economics literature. In particular, relevant works on the history of the Austro-Hungarian Bank, but also on the history of the Bank of France and the Bank of England have been published in recent years. Furthermore, several important papers have been presented on the functioning of the (world) monetary system and on the linkage of peripheral countries to the northwestern European core of the gold standard. In view of the lively international discussion, it is remarkable that although Germany is counted among the core countries of the classical gold standard, there is hardly any recent research on this country or on the history of its central bank, the Reichsbank. This project aims to partially fill this research gap. For the first time, regularly produced minutes of two of the Reichsbank's governing bodies will be reviewed, processed using digital history methods, and interpreted according to the principles of narrative economics, among others. Among other things, existing narratives will be examined and, if necessary, supplemented or revised. Furthermore, quantitative data from archival records will be collected in order to put cliometric research on the Reichsbank's behavior in gold standard mechanics on a more solid data basis and to validate its central insights. The project will significantly improve our knowledge of the history of the Reichsbank as well as the functioning of the gold standard. It will examine competition and cooperation between the Reichsbank and commercial banks, with a focus on action and interaction during financial crises. Furthermore, the relationship between the Chancellor of the Reich and the politically dependent Reichsbank will be studied, with a focus on the influence of foreign policy crises and public finance on monetary policy.