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来源类型Working Paper
规范类型报告
DOI10.3386/w23348
来源IDWorking Paper 23348
Did Inequality in Farm Sizes Lead to Suppression of Banking and Credit in the Late Nineteenth Century?
Matthew S. Jaremski; Price V. Fishback
发表日期2017-05-01
出版年2017
语种英语
摘要This paper creates a new database that covers all banks in the United States in the census years between 1870 and 1900 to test the interaction between inequality and financial development when the banking system was starting over from scratch. A fixed-effects panel regression shows that the number of banks per thousand people in the South has a strong positive relationship with the size of farm operations. This suggests that large Southern farm operators welcomed new banks after the Civil War. When the analysis is extended into the 1900s, the relationship becomes more negative, as bankers may have tried to block entrants.
主题Financial Economics ; Financial Institutions ; Development and Growth ; Development ; Growth and Productivity
URLhttps://www.nber.org/papers/w23348
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/581022
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Matthew S. Jaremski,Price V. Fishback. Did Inequality in Farm Sizes Lead to Suppression of Banking and Credit in the Late Nineteenth Century?. 2017.
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