How Did Pre-Fed Banking Panics End?
收藏NBER2016-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w22036
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How did pre-Fed banking crises end? How did depositors beliefs change? During the National Banking Era, 1863-1914, banks responded to the severe panics by suspending convertibility, that is, they refused to exchange cash for their liabilities (checking accounts). At the start of the suspension
提供机构：
美国国家经济研究局
创建时间：
2016-02-01
