کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5068982 | 1373022 | 2007 | 14 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
The origin and diffusion of shocks to regional interest rates in the United States, 1880-2002
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موضوعات مرتبط
علوم انسانی و اجتماعی
علوم انسانی و هنر
تاریخ
پیش نمایش صفحه اول مقاله
چکیده انگلیسی
This paper is about the behavior of regional interest rates in the United States from 1880 to 2002. The main concern is with the shocks to regional rates. Where did they originate? How did they diffuse? How did the pattern change over time? We show that in the late nineteenth century the main source of shocks to rates on the periphery were shocks originating on the periphery itself. This pattern continued through World War I and the Great Depression. After World War II, however, the importance of disturbances on the periphery diminished and shocks to rates in the Eastern financial centers became the main source of fluctuations in all regions.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Explorations in Economic History - Volume 44, Issue 3, July 2007, Pages 487-500
Journal: Explorations in Economic History - Volume 44, Issue 3, July 2007, Pages 487-500
نویسندگان
John Landon-Lane, Hugh Rockoff,