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In: Journal of political economy, Band 104, Heft 2, S. 346
ISSN: 0022-3808
In: The journal of economic history, Band 54, Heft 1, S. 225-226
ISSN: 1471-6372
In: Oxford review of economic policy, Band 10, Heft 4, S. 106-119
ISSN: 1460-2121
In: Journal of Monetary Economics, Band 16, Heft 2, S. 267-276
In: The journal of economic history, Band 45, Heft 2, S. 277-283
ISSN: 1471-6372
The pre-1914 U.S. banking industry is not easily characterized as a market operating through a price system. The endogenous development of the clearinghouse as the industry's organizing institution can be explained by inherent characteristics of demand deposits. During banking panics the clearinghouse united banks into an organization resembling a single firm which produced deposit insurance.
In: Journal of Monetary Economics, Band 15, Heft 2, S. 177-193
In: Financial Management Association Survey and Synthesis Ser.
In: Financial Management Association survey and synthesis series
In Slapped by the Invisible Hand, insider Gary Gorton candidly unfurls the banking system that lay at the heart of the recent global financial crisis, providing an unparalleled glimpse, and what will quite possibly be regarded as the definitive take on the economic events that dragged the world into recession.
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In: NBER Working Paper No. w22210
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In: Journal of Economic Literature, Forthcoming
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