Partnership fragility and credit costs

Howard Bodenhorn

NBER Working Paper No. 16689
Issued in January 2011

---- Acknowledgements -----

This paper previously circulated under the title "Partnership Law and Credit Availability." I thank the Jefferson County Historical Society for making the records of the Black River Bank available. I also thank Naomi Lamoreaux, Henry Hansmann, Eric Hilt and seminar participants at the All New York Economic History Workshop, the NBER-DAE Spring program meeting, Wesleyan University and Williams College for valuable comments on earlier versions. Pam Bodenhorn provided exceptional assistance in transcribing and coding the data. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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