An annual money demand and supply model for the U.S.: 1924–1940/1949–1966

1977 ◽  
Vol 3 (1) ◽  
pp. 41-58 ◽  
Author(s):  
John L. Scadding
1976 ◽  
Vol 36 (4) ◽  
pp. 809-835 ◽  
Author(s):  
Marie Elizabeth Sushka

This paper examines the impact of the Bank War on the economic events of the 1830's. An economic model of the antebellum money market is developed and tested. Specifications for money demand and supply are drawn from contemporary monetary literature and empirically estimated. Next, the historical hypotheses are tested by exploring the structural stability of the model. The results clearly indicate that: the Bank War affected the economy because it altered the pattern of financial behavior; wildcat banking was not characteristic of the post-Bank period; and finally, the Panic of 1837 was the result of a severe monetary contraction.


1993 ◽  
Vol 18 (4) ◽  
pp. 729-743 ◽  
Author(s):  
Helmut L�tkepohl
Keyword(s):  

1982 ◽  
Vol 64 (3) ◽  
pp. 432 ◽  
Author(s):  
Vincent J. Geraci ◽  
Wilfried Prewo

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