Bank Distress during the Great Depression: The Illiquidity-Insolvency Debate Revisited
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During the contraction from 1929 through 1933, the Federal Reserve System tracked changes in the status of all banks operating in the United States and determined the cause of each bank suspension. This essay analyzes chronological patterns in aggregate series constructed from that data. The
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美国国家经济研究局创建时间：
2006-12-01
