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Journal of Economic Literature 1971

The Bulletins of N.Y.U.'s Institute of Finance, 1926-1970: A Review Article

Samuel I. Katz

Abstract

FOR THE past 45 years, the Institute of Finance of the Graduate School of Business Administration of York University has been releasing Bulletins (at the rate of four to eight numbers a year) on financial and economic developments in foreign countries and in the United States. Some 208 reports were released between 1926 (when a staff was originally assembled-under the late Marcus Nadler's distinguished editorship-to work exclusively on the credit situation in foreign countries on behalf of the Investment Bankers Association) and 1959 when the Institute was reorganized and a New Series was introduced.' Until 1938 about 90 percent of the Bulletins were related to the creditworthiness of foreign countries; but international problems of a broader interest, and then domestic financial topics gradually replaced the country studies (see Table 1). The most drastic change in the contents of these Bulletins occurred around 1964 when, under a new editor (Arnold W. Sametz), the unsigned products of the Institute's research staff were replaced by original papers prepared by identified scholars, increasingly from outside the York University community. This review is primarily concerned with the output over the past six years, a period when the quality has improved and the frequency and size of issues have increased.

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