NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Correspondent Clearing and the Banking Panics of the Great Depression

Gary Richardson

NBER Working Paper No. 12716
Issued in December 2006

---- Acknowledgements -----

I thank colleagues, friends, and participants in the conference Economics of Payments II for comments and advice. I thank Francesca Labordo for exceptional research assistance. National Science Foundation Grant D/SES-00551232 supported this research. The author may be reached via email at garyr@uci.edu. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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