Finance, Intermediaries, and Economic Development

by Stanley L. Engerman (Editor), Philip T. Hoffman (Editor), Jean-Laurent Rosenthal (Editor), Kenneth L. Sokoloff (Editor)

Overview

This volume includes ten essays concerned with financial and other forms of economic intermediation in Europe, Canada, and the United States, dating from the seventeenth century through the twentieth. The essays relate the development of institutions to economic change and describe their evolution over time. Each also discusses several different forms of intermediation and deals with significant economic and historical issues.

Product Details

ISBN-13:	9780521147415
Publisher:	Cambridge University Press
Publication date:	06/24/2010
Edition description:	Reissue
Pages:	362
Product dimensions:	6.00(w) x 8.90(h) x 1.00(d)

Table of Contents

List of contributors; Preface; Introduction; Part I. Financial Intermediaries in Europe: 1. Markets and institutions in the rise of London as a financial center in the seventeenth century Larry Neal and Steven Quinn; 2. The Paris bourse, 1724–1814: experiments in microstructure Eugene N. White; 3. No exit: notarial bankruptcies and the evolution of financial intermediation in nineteenth century Paris Philip T. Hoffman, Giles Postel-Vinay, and Jean-Laurent Rosenthal; Part II. Financial Intermediaries in the Americas: 4. The mortgage market in Upper Canada: window on a pioneer economy Angela Redish; 5. Integration of US capital markets: southern stock markets and the case of New Orleans, 1871–1913 John B. Legler and Richard Sylla; 6. The transition from building and loan to savings and loan, 1890–1940 Kenneth A. Snowden; Part III. Other Forms of Intermediation: 7. Intermediaries in the US market for Technology, 1870–1920 Naomi R. Lamoreaux and Kenneth L. Sokoloff; 8. Beyond Chinatown: overseas Chinese intermediaries on the multiethnic North-American Pacific coast in the age of financial capital Diane Newell; 9. Finance and capital accumulation in a planned economy: the agricultural surplus hypothesis and Soviet economic development, 1928–39 Robert C. Allen; 10. Was adherence to the gold standard a 'good housekeeping seal of approval' during the interwar period? Michael Bordo, Michael Edelstein, and Hugh Rockoff; Afterword: about Lance Davis; Index.

Editorial Reviews

"This is an unusually strong and coherent collection of essays...an excellent piece of research (that) will find a welcome place on the shelves of any library, as well as any economic historian who admires the work of Lance Davis." Timothy W. Guinnane, Yale University, EH.net

From the Publisher