Product Information
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.Product Identifiers
PublisherCambridge University Press
ISBN-139780521025478
eBay Product ID (ePID)88383388
Product Key Features
Number of Pages180 Pages
Publication NameBanking Panics of the Gilded Age
LanguageEnglish
SubjectEconomics, Finance
Publication Year2006
TypeTextbook
AuthorElmus Wicker
SeriesStudies in Macroeconomic History
Dimensions
Item Height229 mm
Item Weight274 g
Additional Product Features
Country/Region of ManufactureUnited Kingdom
Title_AuthorElmus Wicker