historic research at the oenb and the upcoming bicentennial 2016 norges bank workshop
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Historic Research at the OeNBand the upcoming bicentennial 2016
Norges Bank WorkshopGeneva, 30 October 2008
Clemens JobstEconomic Analysis Divisionwww.oenb.at
www.oenb.at oenb.info@oenb.at- 2 -
Key dates in the history of the OeNB
-1705: Wiener Stadt-Banco-1762: First emission of banknotes, the Bancozettel-1792-1815 Napoleonic Wars, inflation and default
-1816: Foundation of the Privilegirte Oesterreichische Nationalbank-Absorbs govt debt and paper money-Privately held public company-Monopoly of note issue
-1841: Second Privilege
-1862: Third Privilege-Independence, modelled on BoE
www.oenb.at oenb.info@oenb.at- 3 -
Key dates in the history of the OeNB
- 1878: Transformation in Oesterreichisch-ungarische Bank/Osztrák-magyar bank
- 1919-1922: Liquidation of the OeUB
- 1923: Oesterreichische Nationalbank-1925: Schilling replaces depreciated crown-1931: CA-crisis
- 1938-1945: Reichsbankhauptstelle
- 1945: Reconstruction-1976 Following demise of Bretton-Woodslink to D-mark
- 1999: OeNB joins Eurosystem
www.oenb.at oenb.info@oenb.at- 4 -
Previous anniversaries often unhappy…
- 50th anniversary 1866
- 100th anniversary 1916
- 150th anniversary 1966
Pressburger history- Several volumes- Chronology follows sources closely, little economic analysis, no
references- Traces history up until 1923
- 175th anniversary 1991- Kernbauer follow-up to Pressburger, covers 1923-1938
www.oenb.at oenb.info@oenb.at- 5 -
The creation of the Bankhistorisches Archiv
- 1999: New legislation on archives, public access, either at institution or transfer to state archives
- Creation of BHA- Collection: surviving files, assure preservation of ongoing
history- Indexation: Database with description of every file- Storage: paper-based
- Indexation should be finished by end of 2009- Next step: index documents that are not in files (e.g. board minutes)
www.oenb.at oenb.info@oenb.at- 6 -
Ongoing work
- Continuation of Pressburger beyond 1938- Covers important events 1945-1998 (integration into ESCB)
- Currency chronicle- Volume in preparation on the years 1938-1970
- Money museum
- Advisory board for historical archive- Task force for 2016
www.oenb.at oenb.info@oenb.at- 7 -
Some (very) preliminary ideas
- Content- Desiderata in Pressburger:
- more economic rigour- internal organization, inside history of the OeNB
- Contemporary witnesses- Historic data
- Formats- Homepage for archive, history, etc.- Publication series on banking history- Books- Interviews/film- Expositions- Conference
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