James, John A.; McAndrews, James; Weiman, David F. - In: Cliometrica, Journal of Historical Economics and … 7 (2013) 2, pp. 99-130
raised the possibility that banks’ suspension of payments might also have negative real effects albeit through changes in … during suspension periods offer many accounts of factories closing because of the inability to obtain currency for weekly …, suspension periods were associated with a statistically significant and quantitatively large decline in real activity, on the …