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 Book Detail

  • Author : Charles Albert Eric Goodhart
  • Release Date : 1969
  • Publisher : Harvard University Press
  • Genre : Business & Economics
  • Pages : 262
  • ISBN 13 : 9780674619500
  • File Size : 13,13 MB

The New York Money Market and the Finance of Trade, 1900-1913 by Charles Albert Eric Goodhart PDF Summary

Book Description: 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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