The New York Money Market And The Finance Of Trade 1900 1913
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The New York Money Market and the Finance of Trade, 1900-1913
Author | : Charles Albert Eric Goodhart |
Publisher | : Harvard University Press |
Total Pages | : 262 |
Release | : 1969 |
Genre | : Business & Economics |
ISBN | : 9780674619500 |
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The early 1900s U.S. saw considerable seasonal variations in the balance of trade, primarily caused by the annual agricultural cycle. This examination of the New York money market demonstrates that the frequent fluctuations in monetary conditions were caused by variations in the trade flows rather than capital movements by banks.
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