What measures were used to cope with bank runs and panics prior to federal deposit insurance? Why

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What measures were used to cope with bank runs and panics prior to federal deposit insurance? Why were these not entirely satisfactory?

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Contemporary Financial Intermediation

ISBN: 9780124052086

4th Edition

Authors: Stuart I. Greenbaum, Anjan V. Thakor, Arnoud Boot

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Question Posted: Jan 12, 2024 04:00 AM

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What measures were used to cope with bank runs and panics prior to federal deposit insurance? Why

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Suspension of convertibility and the issuance of clearing house loan certifi...View the full answer

Contemporary Financial Intermediation

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