Quarterly Journal of Economics Vol. 22 No. 2 1908
Hoarding in the Panic of 1907
Abstract
The panic of 1907 witnessed a premium upon money in New York lasting two months and rising as high as 4 per cent., 290–293.—The extent of hoarding on the part of the public is roughly indicated by the amount of money that disappeared from the banks, 293; and by the number of safe deposit boxes rented in New York and other cities, 294–296.—The banks of the South and West aggravated the situation by accumulating abnormal reserves, 296–299.
- DOI
- 10.2307/1883842
- Volume
- 22
- Issue
- 2
- Pages
- 290
- Sources
- openalex crossref