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The Expansion of Bank Credit

James W. Angell; Karel F. Ficek

Journal of Political Economy 1933

Introduction. The problem; definitions, page I.--I. The expansion of a single bank, page 3.--II. The expansion of the aggregate of commercial banks, page 15.--III. Observations on the single-bank and system coefficients, page 26. To Follow in Next Issue IV. The effect of central banking; the ratio of commercial bank credit to gold. --V. Observations on the member-bank system coefficients.--VI. Summary; conclusions.

DOI
10.1086/254426
Volume
41 (1)
Pages
1-32
Language
en
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