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Is Deposit Insurance Necessary? A Historical Perspective Author info | Abstract | Publisher info | Download info | Related research | Statistics Calomiris, Charles W.
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The motivation and structure of various banking insurance experiments in U.S. history are analyzed, along with their political alternative, branch banks. In both the antebellum period and in the 1920s, insurance systems that relied on self-regulation, made credible by mutual liability, were successful, while compulsory state systems were not. Branch banking increased stability and resiliency to shocks.
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Article provided by Cambridge University Press in its journal The Journal of Economic History .
Volume (Year): 50 (1990)
Issue (Month): 02 (June)
Pages: 283-295
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Handle: RePEc:cup:jechis:v:50:y:1990:i:02:p:283-295_03Contact details of provider: Postal: The Edinburgh Building, Shaftesbury Road, Cambridge CB2 2RU UK Fax: +44 (0)1223 325150 Email: Web page: http://journals.cambridge.org/jid_JEH
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Michael D. Bordo & Angela Redish & Hugh Rockoff, 1996.
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Bordo, Michael D. & Rockoff, Hugh & Redish, Angela, 1996.
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Cull, Robert & Senbet, Lemma W & Sorge, Marco, 2005.
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Other versions: Cull, Robert, 1998.
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Charles W. Calomiris, 2007.
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Asli Demirguc-Kunt & Edward J. Kane, 2002.
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Larry D. Wall, 1997.
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William C. Gruben & Robert P. McComb, 1999.
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repec:fip:fedreq:y:1990:i:nov:p:3-17:n:v.76no.6 is not listed on IDEAS
Thomas Mayer, .
"Some Practical Aspects of Pluralism in Economics Truth is so important, however, that it behooves us not to jump to conclusions about it (Samuels, 1997) ,"
Department of Economics
99-05, California Davis - Department of Economics.
[Downloadable!]
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