Economic perspective on the political history of the Second Bank of the United States
The Second Bank of the United States was an institution of first-rank importance, both politically and economically, during the early nineteenth century. This article uses recent contributions to theory on industrial organization and monetary economics to argue tentatively that conflict between debtors and creditors may have played a larger role in the bank's fortunes than previously thought.
Volume (Year): (2003)
Issue (Month): Q I ()
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- Green, Edward J & Porter, Robert H, 1984.
"Noncooperative Collusion under Imperfect Price Information,"
Econometric Society, vol. 52(1), pages 87-100, January.
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- Aizenman, Joshua, 1992. "Competitive Externalities and the Optimal Seigniorage," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 24(1), pages 61-71, February.
- Patrick Bolton & Howard Rosenthal, 2002. "Political Intervention in Debt Contracts," Journal of Political Economy, University of Chicago Press, vol. 110(5), pages 1103-1134, October.
- Carlos E. Zarazaga, 1993. "Hyperinflations and moral hazard in the appropriation of seigniorage," Working Papers 93-26, Federal Reserve Bank of Philadelphia.
- Wright, David McCord, 1953. "Langdon Cheves and Nicholas Biddle: New Data for a New Interpretation," The Journal of Economic History, Cambridge University Press, vol. 13(03), pages 305-319, June. Full references (including those not matched with items on IDEAS)
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