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| 文件名: Banks, Free Banks, and U.S. Economic Growth.pdf | |
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1 论文标题：Banks, Free Banks, and U.S. Economic Growth
2 作者信息：Matthew Jaremski, Peter L. Rousseau 3 出处和链接：Working Paper No. 18021，Issued in April 2012 4 摘要：The “Federalist financial revolution” may have jump-started the U.S. economy into modern growth, but the Free Banking System (1837-1862) did not play a direct role in sustaining it. Despite lowering entry barriers and extending banking into developing regions, we find in county-level data that free banks had little or no effect on growth. The result is not just a symptom of the era, as state-chartered banks seem to have strong and positive effects on manufacturing and urbanization. 感兴趣的坛友请回复讨论，并可免费下载全文： [hide] [/hide] |
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