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Private clearinghouses and the origins of central banking

Author

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  • Gary Gorton

Abstract

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Suggested Citation

  • Gary Gorton, 1984. "Private clearinghouses and the origins of central banking," Business Review, Federal Reserve Bank of Philadelphia, issue Jan/Feb, pages 3-12.
  • Handle: RePEc:fip:fedpbr:y:1984:i:jan/feb:p:3-12
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    File URL: http://www.philadelphiafed.org/research-and-data/publications/business-review/1984/brjf84gg.pdf
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    Citations

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    Cited by:

    1. Gorton, Gary & Huang, Lixin, 2006. "Bank panics and the endogeneity of central banking," Journal of Monetary Economics, Elsevier, vol. 53(7), pages 1613-1629, October.
    2. Hajime Tomura, 2014. "Payment Instruments and Collateral in the Interbank Payment System," UTokyo Price Project Working Paper Series 032, University of Tokyo, Graduate School of Economics.
    3. Daniel Sanches, 2016. "On The Welfare Properties Of Fractional Reserve Banking," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57, pages 935-954, August.
    4. Eichengreen, Barry, 2001. "What problems can dollarization solve?," Journal of Policy Modeling, Elsevier, vol. 23(3), pages 267-277, April.

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