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A new explanation for free bank failures

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Author Info
Arthur J. Rolnick
Warren E. Weber
Abstract

This paper surveys recent issues in macroeconomics from the viewpoint of dynamic economic theory. The need to look beyond demand and supply curves and the insights that come from doing so are emphasized. Examples of issues in debt management and fiscal policy are analyzed.

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File URL: http://minneapolisfed.org/research/sr/sr79.pdf
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Paper provided by Federal Reserve Bank of Minneapolis in its series Staff Report with number 79.

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Date of creation: 1982
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Publication status: Published in Journal of Monetary Economics (Vol. 14, n.3, November 1984, pp. 267-291)
Handle: RePEc:fip:fedmsr:79

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  1. Rockoff, Hugh, 1974. "The Free Banking Era: A Reexamination," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 6(2), pages 141-67, May. [Downloadable!] (restricted)
  2. Rolnick, Arthur J & Weber, Warren E, 1983. "New Evidence on the Free Banking Era," American Economic Review, American Economic Association, vol. 73(5), pages 1080-91, December. [Downloadable!] (restricted)
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This page was last updated on 2009-12-9.

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