The Banking Panics of the Great Depression

Download The Banking Panics of the Great Depression PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521663465
Total Pages : 196 pages
Book Rating : 4.6/5 (634 download)

DOWNLOAD NOW!


Book Synopsis The Banking Panics of the Great Depression by : Elmus Wicker

Download or read book The Banking Panics of the Great Depression written by Elmus Wicker and published by Cambridge University Press. This book was released on 2000-12-04 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first study of five US banking panics of the Great Depression. Wicker's findings challenge many of the commonly held assumptions about the events of 1930 and 1931, and will be of use to monetary and financial historians and macroeconomists.

Banking Panics of the Gilded Age

Download Banking Panics of the Gilded Age PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521025478
Total Pages : 180 pages
Book Rating : 4.0/5 (254 download)

DOWNLOAD NOW!


Book Synopsis Banking Panics of the Gilded Age by : Elmus Wicker

Download or read book Banking Panics of the Gilded Age written by Elmus Wicker and published by Cambridge University Press. This book was released on 2006-03-30 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first major study of post-Civil War banking panics in almost a century. The author has constructed for the first time estimates of bank closures and their incidence in each of the five separate banking disturbances. The author also reevaluates the role of the New York Clearing House in forestalling several panics and explains why it failed to do so in 1893 and 1907, concluding that structural defects of the National Banking Act were not the primary cause of the panics.

Essays on the Great Depression

Download Essays on the Great Depression PDF Online Free

Author :
Publisher : Princeton University Press
ISBN 13 : 0691259666
Total Pages : 352 pages
Book Rating : 4.6/5 (912 download)

DOWNLOAD NOW!


Book Synopsis Essays on the Great Depression by : Ben S. Bernanke

Download or read book Essays on the Great Depression written by Ben S. Bernanke and published by Princeton University Press. This book was released on 2024-01-09 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Nobel Prize–winning economist and former chair of the U.S. Federal Reserve, a landmark book that provides vital lessons for understanding financial crises and their sometimes-catastrophic economic effects As chair of the U.S. Federal Reserve during the Global Financial Crisis, Ben Bernanke helped avert a greater financial disaster than the Great Depression. And he did so by drawing directly on what he had learned from years of studying the causes of the economic catastrophe of the 1930s—work for which he was later awarded the Nobel Prize. Essays on the Great Depression brings together Bernanke’s influential work on the origins and economic lessons of the Depression, and this new edition also includes his Nobel Prize lecture.

The Banking Situation in the United States

Download The Banking Situation in the United States PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 194 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis The Banking Situation in the United States by : National Industrial Conference Board

Download or read book The Banking Situation in the United States written by National Industrial Conference Board and published by . This book was released on 1932 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Panic of 1907

Download The Panic of 1907 PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 0470452587
Total Pages : 296 pages
Book Rating : 4.4/5 (74 download)

DOWNLOAD NOW!


Book Synopsis The Panic of 1907 by : Robert F. Bruner

Download or read book The Panic of 1907 written by Robert F. Bruner and published by John Wiley & Sons. This book was released on 2009-04-27 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Before reading The Panic of 1907, the year 1907 seemed like a long time ago and a different world. The authors, however, bring this story alive in a fast-moving book, and the reader sees how events of that time are very relevant for today's financial world. In spite of all of our advances, including a stronger monetary system and modern tools for managing risk, Bruner and Carr help us understand that we are not immune to a future crisis." —Dwight B. Crane, Baker Foundation Professor, Harvard Business School "Bruner and Carr provide a thorough, masterly, and highly readable account of the 1907 crisis and its management by the great private banker J. P. Morgan. Congress heeded the lessons of 1907, launching the Federal Reserve System in 1913 to prevent banking panics and foster financial stability. We still have financial problems. But because of 1907 and Morgan, a century later we have a respected central bank as well as greater confidence in our money and our banks than our great-grandparents had in theirs." —Richard Sylla, Henry Kaufman Professor of the History of Financial Institutions and Markets, and Professor of Economics, Stern School of Business, New York University "A fascinating portrayal of the events and personalities of the crisis and panic of 1907. Lessons learned and parallels to the present have great relevance. Crises and panics are as much a part of our future as our past." —John Strangfeld, Vice Chairman, Prudential Financial "Who would have thought that a hundred years after the Panic of 1907 so much remained to be written about it? Bruner and Carr break significant new ground because they are willing to do the heavy lifting of combing through massive archival material to identify and weave together important facts. Their book will be of interest not only to banking theorists and financial historians, but also to business school and economics students, for its rare ability to teach so clearly why and how a panic unfolds." —Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia University, Graduate School of Business

Financial Markets and Financial Crises

Download Financial Markets and Financial Crises PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 9780226355887
Total Pages : 420 pages
Book Rating : 4.3/5 (558 download)

DOWNLOAD NOW!


Book Synopsis Financial Markets and Financial Crises by : R. Glenn Hubbard

Download or read book Financial Markets and Financial Crises written by R. Glenn Hubbard and published by University of Chicago Press. This book was released on 1991-08-13 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Warnings of the threat of an impending financial crisis are not new, but do we really know what constitutes an actual episode of crisis and how, once begun, it can be prevented from escalating into a full-blown economic collapse? Using both historical and contemporary episodes of breakdowns in financial trade, contributors to this volume draw insights from theory and empirical data, from the experience of closed and open economies worldwide, and from detailed case studies. They explore the susceptibility of American corporations to economic downturns; the origins of banking panics; and the behavior of financial markets during periods of crisis. Sever papers specifically address the current thrift crisis—including a detailed analysis of the over 500 FSLIC-insured thrifts in the southeast—and seriously challenge the value of recent measures aimed at preventing future collapse in that industry. Government economists and policy makers, scholars of industry and banking, and many in the business community will find these timely papers an invaluable reference.

A Monetary History of the United States, 1867-1960

Download A Monetary History of the United States, 1867-1960 PDF Online Free

Author :
Publisher : Princeton University Press
ISBN 13 : 140082933X
Total Pages : 889 pages
Book Rating : 4.4/5 (8 download)

DOWNLOAD NOW!


Book Synopsis A Monetary History of the United States, 1867-1960 by : Milton Friedman

Download or read book A Monetary History of the United States, 1867-1960 written by Milton Friedman and published by Princeton University Press. This book was released on 2008-09-02 with total page 889 pages. Available in PDF, EPUB and Kindle. Book excerpt: Writing in the June 1965 issue of theEconomic Journal, Harry G. Johnson begins with a sentence seemingly calibrated to the scale of the book he set himself to review: "The long-awaited monetary history of the United States by Friedman and Schwartz is in every sense of the term a monumental scholarly achievement--monumental in its sheer bulk, monumental in the definitiveness of its treatment of innumerable issues, large and small . . . monumental, above all, in the theoretical and statistical effort and ingenuity that have been brought to bear on the solution of complex and subtle economic issues." Friedman and Schwartz marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. In their influential chapter 7, The Great Contraction--which Princeton published in 1965 as a separate paperback--they address the central economic event of the century, the Depression. According to Hugh Rockoff, writing in January 1965: "If Great Depressions could be prevented through timely actions by the monetary authority (or by a monetary rule), as Friedman and Schwartz had contended, then the case for market economies was measurably stronger." Milton Friedman won the Nobel Prize in Economics in 1976 for work related to A Monetary History as well as to his other Princeton University Press book, A Theory of the Consumption Function (1957).

America's First Great Depression

Download America's First Great Depression PDF Online Free

Author :
Publisher : Cornell University Press
ISBN 13 : 0801464676
Total Pages : 265 pages
Book Rating : 4.8/5 (14 download)

DOWNLOAD NOW!


Book Synopsis America's First Great Depression by : Alasdair Roberts

Download or read book America's First Great Depression written by Alasdair Roberts and published by Cornell University Press. This book was released on 2012-04-15 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a while, it seemed impossible to lose money on real estate. But then the bubble burst. The financial sector was paralyzed and the economy contracted. State and federal governments struggled to pay their domestic and foreign creditors. Washington was incapable of decisive action. The country seethed with political and social unrest. In America's First Great Depression, Alasdair Roberts describes how the United States dealt with the economic and political crisis that followed the Panic of 1837. As Roberts shows, the two decades that preceded the Panic had marked a democratic surge in the United States. However, the nation’s commitment to democracy was tested severely during this crisis. Foreign lenders questioned whether American politicians could make the unpopular decisions needed on spending and taxing. State and local officials struggled to put down riots and rebellion. A few wondered whether this was the end of America’s democratic experiment. Roberts explains how the country’s woes were complicated by its dependence on foreign trade and investment, particularly with Britain. Aware of the contemporary relevance of this story, Roberts examines how the country responded to the political and cultural aftershocks of 1837, transforming its political institutions to strike a new balance between liberty and social order, and uneasily coming to terms with its place in the global economy.

The Role of the 1929 Stock Market Crash and other Factors that caused the Great Depression

Download The Role of the 1929 Stock Market Crash and other Factors that caused the Great Depression PDF Online Free

Author :
Publisher : GRIN Verlag
ISBN 13 : 3640709853
Total Pages : 62 pages
Book Rating : 4.6/5 (47 download)

DOWNLOAD NOW!


Book Synopsis The Role of the 1929 Stock Market Crash and other Factors that caused the Great Depression by : Dennis Sauert

Download or read book The Role of the 1929 Stock Market Crash and other Factors that caused the Great Depression written by Dennis Sauert and published by GRIN Verlag. This book was released on 2010-09-23 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2009 in the subject Economics - History, grade: 1.3, Berlin School of Economics and Law, language: English, abstract: Within macroeconomics, economists agree that there were a number of contributing factors that led to the Great Depression. However, most of the discussion is about what was responsible for the depth and the length of this economic event. In the four years starting in the summer of 1929 until 1933,financial markets and institutions, labor markets as well as international currency and goods markets had stopped functioning and it seemed that economic and monetary policy remained helpless in that period. To analyze the Great Depression, Friedman and Schwartz supply one of the most critical but popular explanations. They focus on the monetary policy of the Federal Reserve System (hereinafter Fed) of the United States(hereinafter U.S.) since the Fed allowed a severe contraction in money supply in the period of 1929 – 1933, even though the Federal Reserve Act of 1913 delegated monetary actions by the Fed to avoid such monetary contraction. Friedman and Schwartz claim that the severeness of monetary contraction resulted from the Fed’s passive response to the banking panics in the 1930s when the public increased sharply its demand for currency. However, they admit that the Fed conducted a successful policy during most of the 1920s until a “shift in power within the system and the lack of understanding and experience of those individuals to whom the power shifted” occurred. Herein, they point to the death of Benjamin Strong the Governor of the New York Federal Reserve Bank who had the sagacity and leadership to take measures that would have avoided the Great Depression. Thus, they maintain that monetary contraction in the period of 1929 – 1933 induced the Great Depression due to a misguided policy by the Fed that was eventually in authority for the downturn in economic activity.

The Great Crash 1929

Download The Great Crash 1929 PDF Online Free

Author :
Publisher : Penguin Group
ISBN 13 : 9780241468081
Total Pages : 0 pages
Book Rating : 4.4/5 (68 download)

DOWNLOAD NOW!


Book Synopsis The Great Crash 1929 by : John Kenneth Galbraith

Download or read book The Great Crash 1929 written by John Kenneth Galbraith and published by Penguin Group. This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: No account of the financial insanity of 1929 has been issued in a form at once so readable, so humorous, and so carefully authenticated as this classic book. J.K. Galbraith examines the 'gold rush fantasy' in American psychology and describes its dire consequences. The Florida land boom, the operations of Insull, Kreuger and Hatry, and the fabulous Shenandoah Corporation all come together in this penetrating study of concerted human greed and folly. From the cold figures of Wall Street the author wrenches a truly human drama.

The Financial Crisis Inquiry Report, Authorized Edition

Download The Financial Crisis Inquiry Report, Authorized Edition PDF Online Free

Author :
Publisher : Public Affairs
ISBN 13 : 1610390415
Total Pages : 578 pages
Book Rating : 4.6/5 (13 download)

DOWNLOAD NOW!


Book Synopsis The Financial Crisis Inquiry Report, Authorized Edition by : United States. Financial Crisis Inquiry Commission

Download or read book The Financial Crisis Inquiry Report, Authorized Edition written by United States. Financial Crisis Inquiry Commission and published by Public Affairs. This book was released on 2011-01-27 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in accountability.

A Brief History of Panics and Their Periodical Occurrence in the United States

Download A Brief History of Panics and Their Periodical Occurrence in the United States PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 170 pages
Book Rating : 4.A/5 ( download)

DOWNLOAD NOW!


Book Synopsis A Brief History of Panics and Their Periodical Occurrence in the United States by : Clément Juglar

Download or read book A Brief History of Panics and Their Periodical Occurrence in the United States written by Clément Juglar and published by . This book was released on 1893 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Panic of 1819: Reactions and Policies, The

Download Panic of 1819: Reactions and Policies, The PDF Online Free

Author :
Publisher : Ludwig von Mises Institute
ISBN 13 : 1610163702
Total Pages : 286 pages
Book Rating : 4.6/5 (11 download)

DOWNLOAD NOW!


Book Synopsis Panic of 1819: Reactions and Policies, The by : Murray Newton Rothbard

Download or read book Panic of 1819: Reactions and Policies, The written by Murray Newton Rothbard and published by Ludwig von Mises Institute. This book was released on 2007 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Money Crisis. [By J. Casenove.]

Download The Money Crisis. [By J. Casenove.] PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.0/5 (17 download)

DOWNLOAD NOW!


Book Synopsis The Money Crisis. [By J. Casenove.] by : John Cazenove

Download or read book The Money Crisis. [By J. Casenove.] written by John Cazenove and published by . This book was released on 1847 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

American Panics

Download American Panics PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.3/5 (117 download)

DOWNLOAD NOW!


Book Synopsis American Panics by : Howard H. Caldwell

Download or read book American Panics written by Howard H. Caldwell and published by . This book was released on 1908 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Great Depression of the 1930s

Download The Great Depression of the 1930s PDF Online Free

Author :
Publisher : OUP Oxford
ISBN 13 : 0191640093
Total Pages : 480 pages
Book Rating : 4.1/5 (916 download)

DOWNLOAD NOW!


Book Synopsis The Great Depression of the 1930s by : Nicholas Crafts

Download or read book The Great Depression of the 1930s written by Nicholas Crafts and published by OUP Oxford. This book was released on 2013-02-28 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the Great Depression has never been more relevant than in today's economic crisis. This edited collection provides an authoritative introduction to the Great Depression as it affected the advanced countries in the 1930s. The contributions are by acknowledged experts in the field and cover in detail the experiences of Britain, Germany, and, the United States, while also seeing the depression as an international disaster. The crisis entailed the collapse of the international monetary system, sovereign default, and banking crises in many countries in the context of the most severe downturn in western economic history. The responses included protectionism, regulation, fiscal and monetary stimulus, and the New Deal. The relevance to current problems facing Europe and the United States is apparent. The chapters are written at a level which will be comprehensible to advanced undergraduates in economics and history while also being a valuable source of reference for policy makers grappling with the current economic crisis. The book will be of interest to modern macroeconomists and students of interwar history alike and seeks to bring the results of modern research in economic history to a wide audience. The focus is not only on explaining how the Great Depression happened but also on understanding what eventually led to the recovery from the crisis. A key feature is that every chapter has a full list of bibliographical references which can be a platform for further study.

Banking Portfolios and Banking Distress During the Great Depression in the U.S.

Download Banking Portfolios and Banking Distress During the Great Depression in the U.S. PDF Online Free

Author :
Publisher : GRIN Verlag
ISBN 13 : 3668170002
Total Pages : 55 pages
Book Rating : 4.6/5 (681 download)

DOWNLOAD NOW!


Book Synopsis Banking Portfolios and Banking Distress During the Great Depression in the U.S. by : Kim Schäfer

Download or read book Banking Portfolios and Banking Distress During the Great Depression in the U.S. written by Kim Schäfer and published by GRIN Verlag. This book was released on 2016-03-10 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2015 in the subject Business economics - Economic and Social History, grade: 1,3, EBS European Business School gGmbH, language: English, abstract: The general structure of the United States’ banking system played an immense role in most of the theories explaining the reasons for the financial crisis and its subsequent banking failures of the Great Depression. Therefore, the paper starts with a brief explanation of the American banking system, its importance and the general structure, in order to prove sound previous knowledge to better understand the following theories. In the third chapter a comprehensive overview of the financial crises during the Great Depression is given, all significant aspects that could have influenced or even triggered the financial crises are explained and defined, and different views of researchers are provided. The financial crisis’ main focus of the Great Depression was on the extraordinary high banking failure rates and therefore the main objective of this paper is to investigate whether it would have been possible to forecast the high failure rates on the basis of the bank’s balance sheets before the Great Depression or not. Therefore, a comprehensive definition, its emergence in connection with the Basel Accords, and different measurement methods are provided. Due to the fact that the economy has to face financial crises again and again it is time to figure out models that might forecast financial crisis. Therefore, characteristics of former financial crisis have to be analysed in a manner that tell whether it would have been possible to forecast banking failures. In this study it will be investigated whether banks’ balance sheet could be a foundation of such theories. For this reason, the study is subdivided into three major parts. First of all, it is tested whether investments of banks influence banking failure rates at all by means of a regression model. In the second part of the study it is investigated whether banks in the United States were more likely to run illiquid or insolvent during the Great Depression. In order to come to a conclusion, the value at risk is compared to equity and working capital. Last but not least the study examines whether there is a “proportional connection” between banking failure rates and the value of risk, depending on the amount the banks invested in the different asset type. The conclusion will summarize all findings and link it to the literature of the paper.