Victorian Financial Crises and their Implications for the Future

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Kenneth N Kuttner;
  • Journal: Business Economics,volume 45,issue 2 April,pages102-109

Banking crises were a relatively common occurrence in 19th century England. Like the Federal Reserve today, the Bank of England struggled to quell panics by acting as the lender of last resort, while at the same time maintaining monetary stability. This article surveys ... View more
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