Elmus Wicker,
Elmus (Indiana University) Wicker
Banking Panics of the Gilded Age
Paperback Engels 2006 9780521025478Levertijd ongeveer 9 werkdagen
Gratis verzonden
Samenvatting
This was the first major study of post-Civil War banking panics in almost a century. The author has constructed estimates of bank closures and their incidence in each of the five separate banking disturbances. The book takes a novel approach by reconstructing the course of banking panics in the interior, where suspension of cash payment, not bank closures, was the primary effect of banking panics on the average person. The author also re-evaluates the role of the New York Clearing House in forestalling several panics and explains why it failed to do so in 1893 and 1907, concluding that structural defects of the National Banking Act were not the primary cause of the panics.
Specificaties
ISBN13:9780521025478
Taal:Engels
Bindwijze:Paperback
Aantal pagina's:180
Uitgever:Cambridge University Press
Serie:Studies in Macroecon
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Inhoudsopgave
1. The bank panic experience: an overview; 2. The banking panic of 1873; 3. Two incipient banking panics of 1884 and 1890: an unheralded success story; 4. The banking panic of 1893; 5. The trust company panic of 1907; 6. Were panics of the national banking era preventable?; 7. Epilogue; Appendix; References; Index.
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