Double Liability at Early American Banks
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下载链接：
https://www.nber.org/papers/w21494
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资源简介：
Limited liability is a defining feature of the modern corporation, but it was not always so. By the early 1850s about one-half of all states imposed double liability on bank shareholders. This paper shows that double liability was adopted as deposits increased relative to banknotes and in
提供机构：
美国国家经济研究局
创建时间：
2015-08-01
