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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17266 |
来源ID | Working Paper 17266 |
Constituencies and Legislation: The Fight over the McFadden Act of 1927 | |
Raghuram G. Rajan; Rodney Ramcharan | |
发表日期 | 2011-08-04 |
出版年 | 2011 |
语种 | 英语 |
摘要 | The McFadden Act of 1927 was one of the most hotly contested pieces of legislation in U.S. banking history, and its influence was felt over half a century later. This paper studies the Congressional voting behavior surrounding the Act’s passage. We find congressmen in districts in which landholdings were concentrated, and credit costlier were significantly more likely to oppose the act. The evidence suggests that while the law and the overall regulatory structure can shape the financial system far into the future, they themselves are likely to be shaped by elites, even in countries with benign political institutions. |
主题 | Financial Economics ; Financial Institutions ; Other ; Law and Economics ; History ; Financial History |
URL | https://www.nber.org/papers/w17266 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574941 |
推荐引用方式 GB/T 7714 | Raghuram G. Rajan,Rodney Ramcharan. Constituencies and Legislation: The Fight over the McFadden Act of 1927. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w17266.pdf(355KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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