Download PDF by Elmus Wicker: Banking Panics of the Gilded Age (Studies in Macroeconomic

By Elmus Wicker

ISBN-10: 0511571992

ISBN-13: 9780511571992

ISBN-10: 0521025478

ISBN-13: 9780521025478

ISBN-10: 0521770238

ISBN-13: 9780521770231

This is often the 1st significant learn of post-Civil struggle banking panics in virtually a century. the writer has built for the 1st time estimates of financial institution closures and their occurrence in all of the 5 separate banking disturbances. the writer additionally reevaluates the function of the recent York Clearing residence in forestalling a number of panics and explains why it didn't achieve this in 1893 and 1907, concluding that structural defects of the nationwide Banking Act weren't the first reason for the panics.

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Banking Panics of the Gilded Age (Studies in Macroeconomic History) by Elmus Wicker

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