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University of Illinois at Urbana-Champaign
Essays in Country Banking: Case Studies of the First National Bank of Bloomington (Illinois)
Abstract
dc:descriptionIn the fourth paper, I examine the decision to select locations for Federal Reserve Banks by the Reserve Board Organization Committee in April 1914. I estimate probability choice models for the 37 cities that requested consideration by the committee by relying upon statements of involved persons as proxies. The results confirm that reserve cities were selected systematically based upon objective information. I conclude that the selections reinforced local investments in National Banking infrastructure. The Bank's increased use of financial services in the new Federal Reserve Bank cities shows how important the location decision was for each city.
Degree
thesis:*- Name thesis:degree_name
- Ph.D.
- Level thesis:degree_level
- Dissertation
- Discipline thesis:degree_discipline
- Economics
- Grantor
- University of Illinois at Urbana-Champaign
- Year dc:date
- 2015
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- McAvoy, Michael Richard
- Contributors dc:contributor
-
- Larry D. Neal
Subjects
dc:subject × 1Rights
- Language dc:language
- eng
Identifiers
dc:identifier.*- Identifier
- (MiAaPQ)AAI3017161
- OAI identifier oai:identifier
- oai:www.ideals.illinois.edu:2142/85504