NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Credit Crises, Money and Contractions: an historical view

Michael D. Bordo, Joseph G. Haubrich

NBER Working Paper No. 15389
Issued in September 2009

---- Acknowledgements -----

The views expressed here are those of the authors and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. We thank Kent Cherny and Sagar Shah for excellent research assistance, and David Wheelock for sharing data. 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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