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Economic History Commons

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Selected Works

2007

Discipline
Institution
Keyword
Publication

Articles 1 - 13 of 13

Full-Text Articles in Economic History

Monetary Darwinism: The Political Economy Of Monetary Relations, Giulio M. Gallarotti Nov 2007

Monetary Darwinism: The Political Economy Of Monetary Relations, Giulio M. Gallarotti

Giulio M Gallarotti

No abstract provided.


Distress During The Great Depression: The Illiquidity-Insolvency Debate Revisited, Gary Richardson Sep 2007

Distress During The Great Depression: The Illiquidity-Insolvency Debate Revisited, Gary Richardson

Gary Richardson

During the contraction from 1929 to 1933, the Federal Reserve System tracked changes in the status of all banks operating in the United States and determined the cause of each bank suspension. This essay analyzes chronological patterns in aggregate series constructed from that data. The analysis demonstrates both illiquidity and insolvency were substantial sources of bank distress. Periods of heightened distress were correlated with periods of increased illiquidity. Contagion via correspondent networks and bank runs propagated the initial banking panics. As the depression deepened and asset values declined, insolvency loomed as the principal threat to depository institutions.


Os Países Latino Americanos E A Convenção Açucareira De Bruxelas De 1902, Heitor Moura Filho Sep 2007

Os Países Latino Americanos E A Convenção Açucareira De Bruxelas De 1902, Heitor Moura Filho

Heitor Moura Filho

The effects of the Brussels Sugar Convention of 1902 on various Latin American countries are analysed: domestic production, exports, imports and prices.


Deposit Insurance And Moral Hazard: Capital, Risk, Malfeasance, And Mismanagement. A Comment On ‘Deposit Insurance And Moral Hazard: Evidence From Texas Banking During The 1920s, Gary Richardson Aug 2007

Deposit Insurance And Moral Hazard: Capital, Risk, Malfeasance, And Mismanagement. A Comment On ‘Deposit Insurance And Moral Hazard: Evidence From Texas Banking During The 1920s, Gary Richardson

Gary Richardson

A Journal of Economic History article by Linda Hooks and Kenneth Robinson, “Deposit Insurance and Moral Hazard: Evidence from Texas Banking During the 1920s,” contains a contradiction (Hooks and Robinson 2002). Pondering the contradiction in the paper reveals insights that the authors may have overlooked. Hooks and Robinson’s article examines the experience of the banking industry in Texas during the 1920s. Texas operated a deposit-insurance system from January 1, 1910 until February 11, 1927. Deposit insurance was mandatory for all state banks, which were given the choice of two plans in which to participate. The preponderance participated in the depositors …


Check Is In The Mail: Correspondent Clearing And The Banking Panics Of The Great Depression, Gary Richardson Aug 2007

Check Is In The Mail: Correspondent Clearing And The Banking Panics Of The Great Depression, Gary Richardson

Gary Richardson

Weaknesses within the check-clearing system played a hitherto unrecognized role in the banking crises of the Great Depression. Correspondent check-clearing networks were vulnerable to counter-party cascades. Accounting conventions that overstated reserves available to corresponding institutions may have exacerbated the situation. The initial banking panic began when a correspondent network centered in Nashville collapsed, forcing over 100 institutions to suspend operations. As the contraction continued, additional correspondent systems imploded. The vulnerability of correspondent networks is one reason that banks that cleared via correspondents failed at higher rates than other institutions during the Great Depression.


Integracion Profunda En El Mercosur. Un Analisis En La Perspectiva De Paraguay, Francisco Carlos Ruiz Diaz Jul 2007

Integracion Profunda En El Mercosur. Un Analisis En La Perspectiva De Paraguay, Francisco Carlos Ruiz Diaz

Francisco Carlos Ruiz Diaz

No abstract provided.


Introduction To Research Methodologies, Professor Issam A.W. Mohamed Jun 2007

Introduction To Research Methodologies, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In this book, I introduce basics of research methodologies in Arabic language which I believe is an unprecedented step. The conceptions, research frameworks, sampling and some detailed methods are given in this text book. Moreover, some analytical statistical methods are introduced to give insights to researchers. Methods of writing the scientific reports and papers in addition to documentation of references and classifying the required logical process of a thesis are detailed in this text. I introduce this book that was published by the Africa International University in Khartoum, Sudan for the purpose of helping sub and post graduate university students …


El Staff Presidencial En México. Del Secretario Particular A Las Oficinas De La Presidencia, J. R. Joel Flores-Mariscal Feb 2007

El Staff Presidencial En México. Del Secretario Particular A Las Oficinas De La Presidencia, J. R. Joel Flores-Mariscal

J. R. Joel Flores-Mariscal

No abstract provided.


The Geography Of Innovation Commercialization In The United States During The 1990s, Joshua L. Rosenbloom Feb 2007

The Geography Of Innovation Commercialization In The United States During The 1990s, Joshua L. Rosenbloom

Joshua L. Rosenbloom

This article analyzes the geographic distribution and interrelationship of three measures of innovation commercialization across the 50 largest metropolitan areas in the United States and estimates a model of the factors explaining variations in the location of innovation commercialization. Innovation commercialization tends to be highly concentrated geographically, suggesting the presence of substantial external economies in these functions. Beyond these scale effects, however, the author finds that university science and engineering capacity and local patenting activity both help to account for intercity differences in the level of innovation commercialization activity.


Individual Consumption Risk And The Welfare Cost Of Business Cycles, Massimiliano De Santis Jan 2007

Individual Consumption Risk And The Welfare Cost Of Business Cycles, Massimiliano De Santis

Massimiliano De Santis

No abstract provided.


Death And Taxes, Including Inflation: The Public Versus Economists, Jeffrey Rogers Hummel Jan 2007

Death And Taxes, Including Inflation: The Public Versus Economists, Jeffrey Rogers Hummel

Jeffrey Rogers Hummel

Inflation worries the general public much more than it does the economics profession, and economists remain perplexed as to exactly why. The costs that concern economists are inflation’s deadweight loss. But that is only a part of the losses that concern the public, because inflation simultaneously transfers some of people’s income into the hands of government. The fact that the seigniorage tax may pay for programs they favor is a separate issue. Moreover, unlike income and other taxes, which people in democratic countries may think they have some control over through voting, seigniorage appears utterly arbitrary. In fact, people can …


Using Short Movie And Television Clips In The Economics Principles Class, Robert L. Sexton Dec 2006

Using Short Movie And Television Clips In The Economics Principles Class, Robert L. Sexton

Robert L Sexton

The author describes a teaching method that uses powerful contemporary media, movie and television clips, to demonstrate the enormous breadth and depth of economic concepts. Many different movie and television clips can be used to show the power of economic analysis. The author describes the scenes and the economic concepts within those scenes for a number of movies.


Economics Of Plea Bargaining, Richard Adelstein Dec 2006

Economics Of Plea Bargaining, Richard Adelstein

Richard Adelstein

A short summary of earlier work for a sociological audience.