Bank Behavior, Regulation, and Economic Development: California, 1860-1910

This study of bank behaviour and banking regulation, first published in 1993, continues to provide through its close analysis valuable insights into the issues of modern banking. The effects of regulatory restriction and liberalisation are examined in detail, as well the case study of California’s banking history.

---

This study of bank behaviour and banking regulation, first published in 1993, continues to provide through its close analysis valuable insights into the issues of modern banking. The effects of regulatory restriction and liberalisation are examined in detail, and California’s banking history, while a fascinating topic in its own right, offers several messages for policy makers today.