Financial Development and City Growth: Evidence from Northeastern American Cities, 1790-1870
---- Acknowledgements -----
We thank Nate Baum-Snow, Gilles Duranton, Javier Gardeazábal, Henry Overman, Francesco Serti, and seminar participants at the Urban Economics Association 2009, University of the Basque Country, and Brown University for useful comments and Michael Haines for providing digitized files of the 1790 through 1870 censuses. Adam Blott, Laura Lamontagne and Pam Bodenhorn offered very able research assistance. Cuberes acknowledges the financial support of the Ministerio de Ciencia e Innovación and FEDER funds (proyecto SEJ2007-62656) and Bodenhorn the financial support of Clemson University. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.