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Emerging Financial Markets and Early U.S. Growth
Rousseau, Peter L. - 1999
. The analysis includes a set of multivariate time series models that relate measures of banking and equity market activity …
Persistent link: https://www.econbiz.de/10012471335
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Banks, Free Banks, and U.S. Economic Growth
Jaremski, Matthew - 2012
The "Federalist financial revolution" may have jump-started the U.S. economy into modern growth, but the Free Banking … System (1837-1862) did not play a direct role in sustaining it. Despite lowering entry barriers and extending banking into …
Persistent link: https://www.econbiz.de/10012460638
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The Market for Bank Stocks and the Rise of Deposit Banking in New York City, 1866-1897
Rousseau, Peter L. - 2010
The rapid growth of deposits in New York City over the three decades following the Civil War is often attributed to the release of pent-up demand for the services that transactions accounts could provide. I advance a complementary explanation that centers on the existence of an increasingly...
Persistent link: https://www.econbiz.de/10012462885
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Did Railroads Make Antebellum U.S. Banks More Sound?
Atack, Jeremy - 2014
" banking outcomes. Although railroads improved economic conditions along their routes, we offer evidence of another channel …
Persistent link: https://www.econbiz.de/10012458632