THE BANK PANIC OF 1907 - THE ROLE OF TRUST COMPANIES
成果类型:
Article
署名作者:
Federal Reserve System - USA; Federal Reserve Bank - Atlanta
刊物名称:
JOURNAL OF ECONOMIC HISTORY
ISSN/ISSBN:
0022-0507
DOI:
10.1017/S0022050700011414
发表日期:
1992
页码:
611-630
关键词:
摘要:
The Bank Panic of 1907 was one of the most severe financial crises in the United States before the Great Depression. Although contemporaries realized that the panic in New York City was centered at trust companies, subsequent research has relied heavily on national bank data. Balance sheet data for trust companies and state banks as well as call reports of national banks indicate that the contraction of loans and deposits in New York City during the panic was confined to the trust companies.