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Paperback Banking Panics of the Gilded Age Book

ISBN: 0521025478

ISBN13: 9780521025478

Banking Panics of the Gilded Age

(Part of the Studies in Macroeconomic History Series)

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Format: Paperback

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Book Overview

This is the first major study of post-Civil War banking panics in almost a century. The author has constructed for the first time estimates of bank closures and their incidence in each of the five separate banking disturbances. The author also reevaluates 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...

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