经济U.S. securities markets and the banking system, 1790-1840 - commentary

U.S. securities markets and the banking system, 1790-1840 - commentary

文献名称	U.S. securities markets and the banking system, 1790-1840 - commentary
文献作者	Kenneth A. Snowden
作者所在单位	snowden@uncg.edu
文献分类	已发表文献
学科一级分类	经济
学科二级分类	经济史
文献摘要	A fact underappreciated about the rise of the United States in the world economy is that a modern, “world class” ﬁnancial system—by the standards of the time—emerged virtually at the beginning of the nation’s history and provided a solid underpinning for the country’s subsequent growth and development. This paper explores the emergence of that ﬁnancial system. It emphasizes the mutual support between the banking system, which has been well studied by ﬁnancial historians, and securities markets, which have been relatively neglected. Distinctive features of the U.S. banking system depended on the existence of securities markets, and before long, distinctive features of U.S. money and securities markets depended on developments in the banking system.
参考文献
关键字	securities markets，banking system
发表所在刊物（或来源）	Review, 1998, issue May, pages 99-103
发表时间	1998
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U.S. securities markets and the banking system, 1790-1840 - commentary