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Banking Panics of the Gilded Age

by Elmus Wicker

Series:Studies in Macroeconomic History (2000)

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This was the first major study of post-Civil War banking panics in almost a century. The author has constructed estimates of bank closures and their incidence in each of the five separate banking disturbances. The book takes a novel approach by reconstructing the course of banking panics in the interior, where suspension of cash payment, not bank closures, was the primary effect of banking panics on the average person. The author also re-evaluates the role of the New York Clearing House in show more forestalling several panics and explains why it failed to do so in 1893 and 1907, concluding that structural defects of the National Banking Act were not the primary cause of the panics. show less

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Author Information

3 Works 48 Members

Series

Studies in Macroeconomic History

26 works (2000)

Common Knowledge

Canonical title: Banking Panics of the Gilded Age
Important events: Gilded Age (1865 | 1901)

Classifications

Genres: Economics, Nonfiction, Business, History
DDC/MDS: 332.1 — Society, Government, and Culture Economics Banking & Money Banking
LCC: HG2477 .W53 — Social sciences Finance Finance Banking By region or country
BISAC: BUS BUSINESS & ECONOMICS Economic History

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Members: 26
Popularity: 1,038,171

Languages: English
Media: Paper, Ebook
ISBNs: 3

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Published: 2000
Genres: Economics, Nonfiction, Business, History
DDC/MDS: 332.1
LCC: HG2477 .W53

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3 Works 48 Members

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