NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Economic History: Financial Markets and Institutions


2014
w20737 Frederic S. Mishkin
Eugene N. White

Unprecedented Actions: The Federal Reserve’s Response to the Global Financial Crisis in Historical Perspective

w20554 Guillaume Bazot
Michael D. Bordo
Eric Monnet

The Price of Stability: The balance sheet policy of the Banque de France and the Gold Standard (1880-1914)

w20544 Eric Hilt
Carola Frydman

Investment Banks as Corporate Monitors in the Early 20th Century United States

w20524 Farley Grubb
Jim Celia

Non-Legal-Tender Paper Money: The Structure and Performance of Maryland's Bills of Credit, 1767-1775

w20501 Òscar Jordà
Moritz Schularick
Alan M. Taylor

The Great Mortgaging: Housing Finance, Crises, and Business Cycles

w20491 Alberto Basso
Howard Bodenhorn
David Cuberes

Fertility and Financial Development: Evidence from U.S. Counties in the 19th Century

w20481 Timothy W. Guinnane
Ron Harris
Naomi R. Lamoreaux

Contractual Freedom and the Evolution of Corporate Control in Britain, 1862 to 1929

w20459 Asaf Bernstein
Eric Hughson
Marc D. Weidenmier

Counterparty Risk and the Establishment of the New York Stock Exchange Clearinghouse

w20392 Ramana Nanda
Tom Nicholas

Did Bank Distress Stifle Innovation During the Great Depression?

w20370 Oliver D. Bunn
Robert J. Shiller

Changing Times, Changing Values: A Historical Analysis of Sectors within the US Stock Market 1872-2013

w20356 Eric Hilt
History of American Corporate Governance: Law, Institutions, and Politics

w20346 Helios Herrera
Guillermo Ordoñez
Christoph Trebesch

Political Booms, Financial Crises

w20267 Barry Eichengreen
Arnaud J. Mehl
Livia Chițu
Gary Richardson

Mutual Assistance between Federal Reserve Banks, 1913-1960 as Prolegomena to the TARGET2 Debate

w20220 Kris James Mitchener
Kirsten Wandschneider

Capital Controls and Recovery from the Financial Crisis of the 1930s

w20199 David le Bris
William N. Goetzmann
Sébastien Pouget

Testing Asset Pricing Theory on Six Hundred Years of Stock Returns: Prices and Dividends for the Bazacle Company from 1372 to 1946

w20198 Jeremy Atack
Matthew S. Jaremski
Peter L. Rousseau

American Banking and the Transportation Revolution Before the Civil War

w20083 Pierre-Cyrille Hautcoeur
Angelo Riva
Eugene N. White

Floating a "Lifeboat": The Banque de France and the Crisis of 1889

w20078 Howard Bodenhorn
Eugene N. White

The Evolution of Bank Boards of Directors in New York, 1840-1950

w20032 Jeremy Atack
Matthew S. Jaremski
Peter L. Rousseau

Did Railroads Make Antebellum U.S. Banks More Sound?

w19957 Peter Koudijs
Hans-Joachim Voth

Leverage and Beliefs: Personal Experience and Risk Taking in Margin Lending

w19903 Farley Grubb
A New Approach to Solving the Colonial Monetary Puzzle: Evidence from New Jersey, 1709-1775

w19823 Carmen M. Reinhart
Kenneth S. Rogoff

Recovery from Financial Crises: Evidence from 100 Episodes

w19806 Charles W. Calomiris
Mark Carlson

Corporate Governance and Risk Management at Unprotected Banks: National Banks in the 1890s


2013
w19728 Jennie Bai
Thomas Philippon
Alexi Savov

Have Financial Markets Become More Informative?

w19691 Eugene Kandel
Konstantin Kosenko
Randall Morck
Yishay Yafeh

Business Groups in the United States: A Revised History of Corporate Ownership, Pyramids and Regulation, 1930-1950

w19655 Carmen M. Reinhart
Asia Chartbook: Crises, Credit and Debt, 1835-2013

w19577 Farley Grubb
The Continental Dollar: How the American Revolution was Financed with Paper Money--Initial Design and Ideal Performance

w19506 Òscar Jordà
Moritz HP. Schularick
Alan M. Taylor

Sovereigns versus Banks: Credit, Crises, and Consequences

w19425 Anton Cheremukhin
Mikhail Golosov
Sergei Guriev
Aleh Tsyvinski

Was Stalin Necessary for Russia's Economic Development?

w19209 Thomas P. Triebs
Justin Tumlinson

Learning Capitalism the Hard Way--Evidence from Germany's Reunification

w19017 Randall Morck
Bernard Yeung
Wayne Yu

R-squared and the Economy

w18955 Howard Bodenhorn
Large Block Shareholders, Institutional Investors, Boards of Directors and Bank Value in the Nineteenth Century

w18895 Kris James Mitchener
Gary Richardson

Does "Skin in the Game" Reduce Risk Taking? Leverage, Liability and the Long-Run Consequences of New Deal Banking Reforms

w18888 Carmen M. Reinhart
Kenneth S. Rogoff

Shifting Mandates: The Federal Reserve's First Centennial

w18855 Michael Tomz
Mark L. J. Wright

Empirical Research on Sovereign Debt and Default

w18852 Michael Brocker
Christopher Hanes

The 1920s American Real Estate Boom and the Downturn of the Great Depression: Evidence from City Cross Sections

w18845 Peter Koudijs
'Those Who Know Most': Insider Trading in 18th c. Amsterdam

w18831 Peter Koudijs
The boats that did not sail: Asset Price Volatility and Market Efficiency in a Natural Experiment

w18819 Dan Liu
Christopher M. Meissner

Market Potential and the Rise of US Productivity Leadership

w18814 Christopher M. Meissner
Capital Flows, Credit Booms, and Financial Crises in the Classical Gold Standard Era

w18796 Alexander J. Field
The Interwar Housing Cycle in the Light of 2001-2011: A Comparative Historical Approach

w18789 Matthew S. Jaremski
National Banking's Role in U.S. Industrialization, 1850-1900

w18759 Robert J. Barro
Sanjay P. Misra

Gold Returns

w18713 Stephen H. Haber
Aldo Musacchio

These Are the Good Old Days: Foreign Entry and the Mexican Banking System

w18712 Eugene N. White
Competition Among the Exchanges before the SEC: Was the NYSE a Natural Hegemon?

w18706 Claude B. Erb
Campbell R. Harvey

The Golden Dilemma

w18697 Livia Chițu
Barry Eichengreen
Arnaud J. Mehl

History, Gravity and International Finance

w18691 Daron Acemoglu
Tristan Reed
James A. Robinson

Chiefs: Elite Control of Civil Society and Economic Development in Sierra Leone


2012
w18477 Karen Clay
Jeff Lingwall
Melvin Stephens
Jr.

Do Schooling Laws Matter? Evidence from the Introduction of Compulsory Attendance Laws in the United States

w18438 Stelios Michalopoulos
Alireza Naghavi
Giovanni Prarolo

Trade and Geography in the Origins and Spread of Islam

w18427 Charles W. Calomiris
Joseph R. Mason
Marc Weidenmier
Katherine Bobroff

The Effects of Reconstruction Finance Corporation Assistance on Michigan's Banks' Survival in the 1930s

w18411 John Y. Campbell
Stefano Giglio
Christopher Polk
Robert Turley

An Intertemporal CAPM with Stochastic Volatility

w18388 Jonathan Rose
Kenneth A. Snowden

The New Deal and the Origins of the Modern American Real Estate Loan Contract

w18363 Gerardo della Paolera
Alan M. Taylor

Sovereign Debt in Latin America, 1820-1913

w18316 Ryan L. Lampe
Petra Moser

Do Patent Pools Encourage Innovation? Evidence from 20 U.S. Industries under the New Deal

w18290 Alan M. Taylor
The Great Leveraging

w18264 Carola Frydman
Eric Hilt
Lily Y. Zhou

Economic Effects of Runs on Early 'Shadow Banks': Trust Companies and the Impact of the Panic of 1907

w18099 Farley Grubb
Chronic Specie Scarcity and Efficient Barter: The Problem of Maintaining an Outside Money Supply in British Colonial America

w18097 Livia Chitu
Barry Eichengreen
Arnaud J. Mehl

When did the dollar overtake sterling as the leading international currency? Evidence from the bond markets

w18077 Thomas Philippon
Has the U.S. Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation

w18021 Matthew Jaremski
Peter L. Rousseau

Banks, Free Banks, and U.S. Economic Growth

w17997 Farley Grubb
Is Paper Money Just Paper Money? Experimentation and Local Variation in the Fiat Paper Monies Issued by the Colonial Governments of British North America, 1690-1775: Part I

w17984 Michael D. Bordo
Owen Humpage
Anna J. Schwartz

Epilogue: Foreign-Exchange-Market Operations in the Twenty-First Century

w17941 Carmen M. Reinhart
A Series of Unfortunate Events: Common Sequencing Patterns in Financial Crises

w17808 Howard Bodenhorn
Voting Rights, Share Concentration, and Leverage at Nineteenth-Century US Banks


2011
w17687 Joseph Fan
Randall Morck
Bernard Yeung

Capitalizing China

w17621 Òscar Jordà
Moritz HP. Schularick
Alan M. Taylor

When Credit Bites Back: Leverage, Business Cycles, and Crises

w17443 Alejandro Komai
Gary Richardson

A Brief History of Regulations Regarding Financial Markets in the United States: 1789 to 2009

w17437 Gary Richardson
Patrick Van Horn

When the Music Stopped: Transatlantic Contagion During the Financial Crisis of 1931

w17425 Michael D. Bordo
Owen F. Humpage
Anna J. Schwartz

The Federal Reserve as an Informed Foreign Exchange Trader: 1973 - 1995

w17312 Michael D. Bordo
Angela Redish
Hugh Rockoff

Why didn't Canada have a banking crisis in 2008 (or in 1930, or 1907, or ...)?

w17276 Farley Grubb
The Continental Dollar: Initial Design, Ideal Performance, and the Credibility of Congressional Commitment

w17266 Raghuram G. Rajan
Rodney Ramcharan

Constituencies and Legislation: The Fight over the McFadden Act of 1927

w17209 Farley Grubb
State Redemption of the Continental Dollar, 1779-1790

w17166 Daniel K. Fetter
How Do Mortgage Subsidies Affect Home Ownership? Evidence from the Mid-century GI Bills

w17147 Eric Hilt
Jacqueline Valentine

Democratic Dividends: Stockholding, Wealth and Politics in New York, 1791-1826

w17024 Michael D. Bordo
Peter L. Rousseau

Historical Evidence on the Finance-Trade-Growth Nexus

w16966 Daron Acemoglu
Simon Johnson
James A. Robinson

Hither Thou Shalt Come, But No Further: Reply to "The Colonial Origins of Comparative Development: An Empirical Investigation: Comment"

w16874 Vikas Mehrotra
Randall Morck
Jungwook Shim
Yupana Wiwattanakantang

Adoptive Expectations: Rising Sons in Japanese Family Firms

w16825 Eugene N. White
"To Establish a More Effective Supervision of Banking": How the Birth of the Fed Altered Bank Supervision

w16763 Michael D. Bordo
David C. Wheelock

The Promise and Performance of the Federal Reserve as Lender of Last Resort 1914-1933

w16689 Howard Bodenhorn
Partnership fragility and credit costs

w16688 Charles W. Calomiris
Joseph Mason
David Wheelock

Did Doubling Reserve Requirements Cause the Recession of 1937-1938? A Microeconomic Approach


2010
w16647 Michael D. Bordo
Owen F. Humpage
Anna J. Schwartz

U.S. Foreign-Exchange-Market Intervention and the Early Dollar Float: 1973 - 1981

w16589 Michael D. Bordo
John S. Landon-Lane

The Global Financial Crisis of 2007-08: Is it Unprecedented?

w16567 Òscar Jordà
Moritz Schularick
Alan M. Taylor

Financial Crises, Credit Booms, and External Imbalances: 140 Years of Lessons

w16558 Randall Morck
Shareholder Democracy in Canada

w16551 Dongwoo Yoo
Richard H. Steckel

Property Rights and Financial Development: The Legacy of Japanese Colonial Institutions

w16550 Wolfgang Keller
Ben Li
Carol H. Shiue

China's Foreign Trade: Perspectives From the Past 150 Years

w16490 Randall Morck
Bernard Yeung

Agency Problems and the Fate of Capitalism

w16462 Panicos O. Demetriades
Peter L. Rousseau

Government, Openness and Finance: Past and Present

w16460 Mark Carlson
Kris James Mitchener
Gary Richardson

Arresting Banking Panics: Fed Liquidity Provision and the Forgotten Panic of 1929

w16345 Michael D. Bordo
Owen F. Humpage
Anna J. Schwartz

U.S. Foreign-Exchange-Market Intervention during the Volcker-Greenspan Era

w16334 Carmen M. Reinhart
Vincent R. Reinhart

After the Fall

w16245 Charles Courtemanche
Kenneth A. Snowden

Repairing a Mortgage Crisis: HOLC Lending and its Impact on Local Housing Markets

w16242 Kenneth A. Snowden
Covered Farm Mortgage Bonds in the Late Nineteenth Century U.S.

w16216 Aldo Musacchio
Law and Finance c. 1900

w16204 Peter F. Basile
John Landon-Lane
Hugh Rockoff

Money and Interest Rates in the United States during the Great Depression

w16202 Barry Eichengreen
Peter Temin

Fetters of Gold and Paper

w16092 Zheng Xueyi
Yaguang Zhang
John Whalley

Monetary Theory from a Chinese Historical Perspective

w16034 Sebnem Kalemli-Ozcan
Alex Nikolsko-Rzhevskyy

Does Trade Cause Capital to Flow? Evidence from Historical Rainfalls

w15884 Randall Morck
Fan Yang

The Shanxi Banks

w15770 Peter L. Rousseau
The Market for Bank Stocks and the Rise of Deposit Banking in New York City, 1866-1897

w15710 Kris James Mitchener
David C. Wheelock

Does the Structure of Banking Markets Affect Economic Growth? Evidence from U.S. State Banking Markets

w15679 Kris James Mitchener
Se Yan

Globalization, Trade & Wages: What Does History tell us about China?

w15670 Kris James Mitchener
Marc D. Weidenmier

Searching for Irving Fisher

w15650 William N. Goetzmann
Frank Newman

Securitization in the 1920's

w15634 Angelo Riva
Eugene N. White

Danger on the Exchange: How Counterparty Risk Was Managed on the Paris Bourse in the Nineteenth Century


2009
w15573 Eugene N. White
Lessons from the Great American Real Estate Boom and Bust of the 1920s

w15524 Miguel Almunia
Agustín S. Bénétrix
Barry Eichengreen
Kevin H. O'Rourke
Gisela Rua

From Great Depression to Great Credit Crisis: Similarities, Differences and Lessons

w15512 Moritz Schularick
Alan M. Taylor

Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008

w15403 Charles Calomiris
Banking Crises and the Rules of the Game

w15401 Kris James Mitchener
Marc D. Weidenmier

Are Hard Pegs Ever Credible in Emerging Markets? Evidence from the Classical Gold Standard

w15209 Lee J. Alston
Andrés A. Gallo

Electoral Fraud, the Rise of Peron and Demise of Checks and Balances in Argentina

w15195 Kris James Mitchener
Masato Shizume
Marc D. Weidenmier

Why did Countries Adopt the Gold Standard? Lessons from Japan

w15190 Sebastian Edwards
FORTY YEARS OF LATIN AMERICA'S ECONOMIC DEVELOPMENT: From the Alliance for Progress to the Washington Consensus

w15171 Sebastian Edwards
Latin America's Decline: A Long Historical View

w15135 Howard Bodenhorn
Splendid Associations of Favored Individuals: Federal and State Commercial Banking Policy in the Federalist Era

w15042 Randall Morck
Bernard Yeung

Never Waste a Good Crisis: An Historical Perspective on Comparative Corporate Governance

w15028 Farley Grubb
Land Policy: Founding Choices and Outcomes, 1781-1802

w14993 Peter L. Rousseau
Monetary Policy and the Dollar

w14892 Eric Hilt
Wall Street's First Corporate Governance Crisis: The Panic of 1826

w14831 Daron Acemoglu
Davide Cantoni
Simon Johnson
James A. Robinson

The Consequences of Radical Reform: The French Revolution

w14657 Michael D. Bordo
Ronald MacDonald
Michael J. Oliver

Sterling in crisis: 1964-1967

w14656 Carmen M. Reinhart
Kenneth S. Rogoff

The Aftermath of Financial Crises


2008
w14560 Robert J. Gordon
Did Economics Cause World War II?

w14555 Hugh Rockoff
Great Fortunes of the Gilded Age

w14532 Michael D. Bordo
Barry Eichengreen

Bretton Woods and the Great Inflation

w14334 Peter Mancall
Joshua Rosenbloom
Thomas J. Weiss

Commodity Exports, Invisible Exports and Terms of Trade for the Middle Colonies, 1720 to 1775

w14154 Barry Eichengreen
Marc Flandreau

The Rise and Fall of the Dollar, or When Did the Dollar Replace Sterling as the Leading International Currency?

w14034 Sebastian Edwards
Globalization, Growth and Crises: The View from Latin America

w14019 Michael D. Bordo
Michael J. Dueker
David C. Wheelock

Inflation, Monetary Policy and Stock Market Conditions

w14003 Petra Moser
An Empirical Test of Taste-based Discrimination Changes in Ethnic Preferences and their Effect on Admissions to the NYSE during World War I

w13974 Farley Grubb
Creating Maryland's Paper Money Economy, 1720-1739: The Role of Power, Print, and Markets

w13918 Niall Ferguson
Moritz Schularick

The "Thin Film Of Gold": Monetary Rules and Policy Credibility In Developing Countries

w13836 Farley Grubb
Testing for the Economic Impact of the U.S. Constitution: Purchasing Power Parity across the Colonies versus across the States, 1748-1811

w13815 Michael D. Bordo
Harold James

A Long Term Perspective on the Euro

w13813 Leah Platt Boustan
Competition in the Promised Land: Black Migration and Racial Wage Convergence in the North, 1940-1970

w13770 Farley Grubb
The Continental Dollar: What Happened to It after 1779?

w13765 Kris James Mitchener
Marc Weidenmier

Trade and Empire

w13761 Carmen M. Reinhart
Kenneth S. Rogoff

Is the 2007 U.S. Sub-Prime Financial Crisis So Different? An International Historical Comparison


2007
w13608 Rafael La Porta
Florencio Lopez-de-Silanes
Andrei Shleifer

The Economic Consequences of Legal Origins

w13597 Charles W. Calomiris
Bank Failures in Theory and History: The Great Depression and Other "Contagious" Events

w13577 Michael D. Bordo
Christopher M. Meissner

Foreign Capital and Economic Growth in the First Era of Globalization

w13567 Marc D. Weidenmier
Kim Oosterlinck

Victory or Repudiation? The Probability of the Southern Confederacy Winning the Civil War

w13545 Joana Naritomi
Rodrigo R. Soares
Juliano J. Assunção

Rent Seeking and the Unveiling of 'De Facto' Institutions: Development and Colonial Heritage within Brazil

w13403 Kris James Mitchener
Marc D. Weidenmier

The Baring Crisis and the Great Latin American Meltdown of the 1890s

w13294 Petra Moser
Why Don't Inventors Patent?

w13171 Randall Morck
Masao Nakamura

Business Groups and the Big Push: Meiji Japan's Mass Privatization and Subsequent Growth

w13093 Eric Hilt
When did Ownership Separate from Control? Corporate Governance in the Early Nineteenth Century

w13047 Farley Grubb
The Continental Dollar: How Much Was Really Issued?

w13019 Sebastian Edwards
Crises and Growth: A Latin American Perspective

w12993 Michael D. Bordo
Growing Up to Financial Stability

w12983 Gary Richardson
Patrick Van Horn

Fetters of Debt, Deposit, or Gold during the Great Depression? The International Propagation of the Banking Crisis of 1931

w12938 Mark Carlson
Kris James Mitchener

Branch Banking as a Device for Discipline: Competition and Bank Survivorship During the Great Depression

w12933 Eugene N. White
The Crash of 1882, Counterparty Risk, and the Bailout of the Paris Bourse

w12917 Matthias Doepke
Fabrizio Zilibotti

Occupational Choice and the Spirit of Capitalism

w12851 Efraim Benmelech
Tobias J. Moskowitz

The Political Economy of Financial Regulation: Evidence from U.S. State Usury Laws in the 19th Century


2006
w12719 Gary Richardson
A Comment Concerning Deposit Insurance and Moral Hazard

w12717 Gary Richardson
Bank Distress during the Great Depression: The Illiquidity-Insolvency Debate Revisited

w12716 Gary Richardson
Correspondent Clearing and the Banking Panics of the Great Depression

w12715 Gary Richardson
Quarterly Data on the Categories and Causes of Bank Distress During the Great Depression

w12661 Eugene N. White
Anticipating the Stock Market Crash of 1929: The View from the Floor of the Stock Exchange

w12598 Gary D. Libecap
The Assignment of Property Rights on the Western Frontier: Lessons for Contemporary Environmental and Resource Policy

w12591 Gary Richardson
William Troost

Monetary Intervention Mitigated Banking Panics During the Great Depression: Quasi-Experimental Evidence from the Federal Reserve District Border in Mississippi, 1929 to 1933

w12580 Christopher M. Meissner
Alan M. Taylor

Losing our Marbles in the New Century? The Great Rebalancing in Historical Perspective

w12571 Michael R. Haines
J. David Hacker

The Puzzle of the Antebellum Fertility Decline in the United States: New Evidence and Reconsideration

w12543 Alan M. Taylor
Janine L. F. Wilson

International Trade and Finance under the Two Hegemons: Complementaries in the United Kingdom 1870-1913 and the United States 1920-30

w12444 Olivia S. Mitchell
John Piggott
Michael Sherris
Shaun Yow

Financial Innovation for an Aging World

w12393 Michael D. Bordo
Sudden Stops, Financial Crises, and Original Sin in Emerging Countries: Déjà vu?

w12343 William O. Brown
Jr.
J. Harold Mulherin
Marc D. Weidenmier

Competing With the NYSE

w12299 Michael D. Bordo
Christopher M. Meissner
Marc D. Weidenmier

Currency Mismatches, Default Risk, and Exchange Rate Depreciation: Evidence from the End of Bimetallism

w12189 Michael Bordo
Harold James

One World Money, Then and Now

w12138 Eugene N. White
Bubbles and Busts: The 1990s in the Mirror of the 1920s

w12074 Kris James Mitchener
Are Prudential Supervision and Regulation Pillars of Financial Stability? Evidence from the Great Depression

w12035 Michael D. Bordo
Peter L. Rousseau

Legal-Political Factors and the Historical Evolution of the Finance-Growth Link

w11919 Sung Won Kang
Hugh Rockoff

Capitalizing Patriotism: The Liberty Loans of World War I


2005
w11897 Michael D. Bordo
Christopher M. Meissner

The Role of Foreign Currency Debt in Financial Crises: 1880-1913 vs. 1972-1997

w11783 Farley Grubb
The U.S. Constitution and Monetary Powers: An Analysis of the 1787 Constitutional Convention and Constitutional Transformation of the Nation's Monetary System Emerged

w11734 Howard Bodenhorn
Usury Ceilings, Relationships and Bank Lending Behavior: Evidence from Nineteenth Century

w11695 Robert Cull
Lance E. Davis
Naomi R. Lamoreaux
Jean-Laurent Rosenthal

Historical Financing of Small- and Medium-Sized Enterprises

w11556 Lance E. Davis
Larry Neal
Eugene N. White

The Highest Price Ever: The Great NYSE Seat Sale of 1928-1929 and Capacity Constraints

w11478 Michael Greenstone
Paul Oyer
Annette Vissing-Jorgensen

Mandated Disclosure, Stock Returns, and the 1964 Securities Acts Amendments

w11472 Kris James Mitchener
Marc D. Weidenmier

Supersanctions and Sovereign Debt Repayment

w11389 John Y. Campbell
Christopher Polk
Tuomo Vuolteenaho

Growth or Glamour? Fundamentals and Systematic Risk in Stock Returns

w11319 William O. Brown
Richard C. K. Burdekin
Marc D. Weidenmier

Volatility in an Era of Reduced Uncertainty: Lessons from Pax Britannica

w11291 Mark Carlson
Kris James Mitchener

Branch Banking, Bank Competition, and Financial Stability

w11173 Michael Bordo
Christopher Meissner

Financial Crises, 1880-1913: The Role of Foreign Currency Debt

w11093 Boyan Jovanovic
Peter L. Rousseau

General Purpose Technologies

w11062 Randall K. Morck
Lloyd Steier

The Global History of Corporate Governance: An Introduction

w11018 Randolph B. Cohen
Christopher Polk
Tuomo Vuolteenaho

Money Illusion in the Stock Market: The Modigliani-Cohn Hypothesis


2004
w10961 Ted Juhl
William Miles
Marc D. Weidenmier

Covered Interest Arbitrage: Then vs. Now

w10960 Marc Weidenmier
Gunboats, Reputation, and Sovereign Repayment: Lessons from the Southern Confederacy

w10952 John Joseph Wallis
The Concept of Systematic Corruption in American Political and Economic History

w10923 Naomi R. Lamoreaux
Margaret Levenstein
Kenneth L. Sokoloff

Financing Invention During the Second Industrial Revolution: Cleveland, Ohio, 1870-1920

w10847 Edward J. Kane
Charles Kindleberger

w10753 John Joseph Wallis
Richard E. Sylla
Arthur Grinath III

Sovereign Debt and Repudiation: The Emerging-Market Debt Crisis in the U.S. States, 1839-1843

w10654 Howard Bodenhorn
Free Banking and Bank Entry in Nineteenth-Century New York

w10641 Peter Hogfeldt
The History and Politics of Corporate Ownership in Sweden

w10475 Kris James Mitchener
Bank Supervision, Regulation, and Instability During the Great Depression

w10329 Michael D. Bordo
John Landon Lane
Angela Redish

Good versus Bad Deflation: Lessons from the Gold Standard Era


2003
w9841 Michael D. Bordo
Christopher Meissner
Angela Redish

How "Original Sin" was Overcome: The Evolution of External Debt Denominated in Domestic Currencies in the United States and the British Dominions

w9742 Hugh Rockoff
Prodigals and Projecture: An Economic History of Usury Laws in the United States from Colonial Times to 1900

w9654 Michael D. Bordo
Exchange Rate Regime Choice in Historical Perspective


2002
w9230 Marc D. Weidenmier
Richard C.K. Burdekin

Suppressing Asset Price Inflation: The Confederate Experience, 1861-1865

w9147 Larry Neal
Marc Weidenmier

Crises in the Global Economy from Tulips to Today: Contagion and Consequences

w8966 Michael D. Bordo
Olivier Jeanne

Boom-Busts in Asset Prices, Economic Instability, and Monetary Policy

w8856 Cormac O Grada
Eugene N. White

Who Panics During Panics? Evidence from a Nineteenth Century Savings Bank

w8716 Barry Eichengreen
Michael D. Bordo

Crises Now and Then: What Lessons from the Last Era of Financial Globalization


2001
h0137 Howard Bodenhorn
Short-Term Loans and Long-Term Relationships: Relationship Lending in Early America

w8512 Stanley L. Engerman
Kenneth L. Sokoloff

The Evolution of Suffrage Institutions in the New World

h0133 John Joseph Wallis
What Caused the Crisis of 1839?

w8166 Boyan Jovanovic
Peter L. Rousseau

Vintage Organization Capital


2000
w8028 Michael A. Clemens
Jeffrey G. Williamson

Where did British Foreign Capital Go? Fundamentals, Failures and the Lucas Paradox: 1870-1913

w7919 Charles W. Calomiris
Joseph R. Mason

Causes of U.S. Bank Distress During the Depression

w7900 Michael D. Bordo
Antu P. Murshid

Are Financial Crises Becoming Increasingly More Contagious? What is the Historical Evidence on Contagion?

w7528 Peter L. Rousseau
Jacksonian Monetary Policy, Specie Flows, and the Panic of 1837


1999
w7365 Michael D. Bordo
Lars Jonung

The Future of EMU: What Does the History of Monetary Unions Tell Us?

w7187 Eugene N. White
California Banking in the Nineteenth Century: The Art and Method of the Bank of A. Levy

w7186 Michael Bordo
Michael Edelstein

Was Adherence to the Gold Standard a "Good Housekeeping Seal of Approval" During the Interwar Period?

h0113 Joshua L. Rosenbloom
The Challenges of Economic Maturity: New England, 1880 - 1940


1998
w6451 Edward J. Kane
Berry K. Wilson

A Contracting-Theory Interpretation of the Origins of Federal Deposit Insurance


1997
h0103 Jeremy Atack
Peter L. Rousseau

Business Activity and the Boston Stock Market, 1835-1869

w6063 Eugene N. White
The Legacy of Deposit Insurance: The Growth, Spread, and Cost of Insuring Financial Intermediaries

w5960 Maurice Obstfeld
Alan M. Taylor

The Great Depression as a Watershed: International Capital Mobility over the Long Run

h0097 Arthur Grinath
III
John Joseph Wallis
Richard Sylla

Debt, Default, and Revenue Structure: The American State Debt Crisis in the Early 1840s

w5909 Stephen J. Brown
William N. Goetzmann
Roger G. Ibbotson

Offshore Hedge Funds: Survival and Performance 1989-1995


1996
w5848 Berry K. Wilson
Edward J. Kane

The Demise of Double Liability as an Optimal Contract for Large-Bank Stockholders

h0067 Michael D. Bordo
Angela Redish

A Comparison of the Stability and Efficiency of the Canadian and American Banking Systems 1870-1925

w5743 Alan M. Taylor
International Capital Mobility in History: The Saving-Investment Relationship

w5742 Alan M. Taylor
International Capital Mobility in History: Purchasing-Power Parity in the Long Run

h0079 Charles W. Calomiris
Carlos D. Ramirez

Financing the American Corporation: The Changing Menu of Financial Rela-tionships

w5442 Charles W. Calomiris
Charles M. Kahn

The Efficiency of Self-Regulated Payments Systems: Learning From the Suffolk System


1995
w5381 Kristen L. Willard
Timothy W. Guinnane
Harvey S. Rosen

Turning Points in the Civil War: Views from the Greenback Market


1994
w4627 Eugene N. White
Peter Rappoport

The New York Stock Market in the 1920s and 1930s: Did Stock Prices Move Together Too Much?


1993
w4408 Charles W. Calomiris
Corporate-Finance Benefits from Universal Banking: Germany and the United States, 1870-1914

w4400 Gary Gorton
Reputation Formation in Early Bank Debt Markets


1992
w4166 Charles W. Calomiris
Greenback Resumption and Silver Risk: The Economics and Politics of Monetary Regime Change in the United States, 1862-1900

w4126 George Alter
Claudia Goldin
Elyce Rotella

The Savings of Ordinary Americans: The Philidelphia Saving Fund Society in the Mid-Nineteenth Century

w4054 J. Bradford De Long
Marco Becht

"Excess Volatility" and the German Stock Market, 1876-1990

h0035 Robert L. Greenfield
Gresham's Law Regained


Generated Sun Dec 21 00:00:18 2014

 
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