The Antebellum Money Market and the Economic Impact of the Bank War

Marie E. Sushka

16 citations0/0 files storedThe Journal of Economic History

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Monetary Policy and Economic Impact Historical Economic and Social Studies Banking stability, regulation, efficiency

Abstract

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.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 16 citations exist upstream.

References

1964A Monetary History of the United States 1867-1960 1964A Monetary History of the United States, 1867-1960 1973The Demand for Money Revisited 1967Distributed Lags: A Survey 1963A history of interest rates 1959The Demand for Money: Some Theoretical and Empirical Results 1963The Demand for Money: The Evidence from the Time Series 1945The Age of Jackson

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.