Imperfect Competition and Postbellum U.S. Regional Interest Rates

Imperfect Competition and Postbellum U.S. Regional Interest Rates PDF Author: Brian C. Gendreau
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 32

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Imperfect Competition and Postbellum U.S. Regional Interest Rates

Imperfect Competition and Postbellum U.S. Regional Interest Rates PDF Author: Brian C. Gendreau
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 32

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The Fed in Print

The Fed in Print PDF Author:
Publisher:
ISBN:
Category : Business
Languages : en
Pages : 356

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Money and Capital Markets in Postbellum America

Money and Capital Markets in Postbellum America PDF Author: John A. James
Publisher: Princeton University Press
ISBN: 1400869625
Category : Business & Economics
Languages : en
Pages : 310

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Book Description
Postbellum economic change in the United States required an efficient system by which capital could be transferred to areas where it was relatively scarce. In assessing the structure that evolved to meet this need, John James provides a new and convincing explanation of the forces underlying the integration of separate and local money markets to form a national market. To understand the role of financial markets during the period, the author examines the institutions and operations of the banking system in detail. In contrast to the now-prevailing view among scholars, Professor James finds that the banking system was quite adaptable in responding to institutional constraints, and he focuses in particular on the role of the correspondent banking system. The second part of his book assesses the performance of the market and the forces promoting change during the period. Drawing on a new and more carefully derived set of interest rates, the author tests competing hypotheses to explain integration and advances a more satisfactory alternative theory. He offers the first modern analysis of American financial institutions of the period between the Civil War and the establishment of the Federal Reserve System. In so doing, he adds to our knowledge of the historic role of finance and capital in economic development. Originally published in 1978. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Regulatory Distortion of Competition

Regulatory Distortion of Competition PDF Author: Sherrill Shaffer
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 42

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Changing Rates of Return on Rental Property and Condominium Conversions

Changing Rates of Return on Rental Property and Condominium Conversions PDF Author: Theodore M. Crone
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 36

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The Business Review

The Business Review PDF Author: Federal Reserve Bank of Philadelphia
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 324

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The Effect of Recent Tax Reform Proposals on the Return to Owner-occupied Housing

The Effect of Recent Tax Reform Proposals on the Return to Owner-occupied Housing PDF Author: Theodore M. Crone
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 34

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The Optimal Response of Monetary Policy to Oil Price Shocks

The Optimal Response of Monetary Policy to Oil Price Shocks PDF Author: Robert DeFina
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 48

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Business and Financial Conditions in the Third Federal Reserve District

Business and Financial Conditions in the Third Federal Reserve District PDF Author:
Publisher:
ISBN:
Category : Middle Atlantic States
Languages : en
Pages : 172

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The Effects of Multimarket Contact on Savings and Loan Behavior

The Effects of Multimarket Contact on Savings and Loan Behavior PDF Author: Loretta Jean Mester
Publisher:
ISBN:
Category : Game theory
Languages : en
Pages : 66

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