Economics and Business Review

ISSN 2392-1641
e-ISSN 2450-0097

Poznań University of Economics - Poland

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Volume 11 Number 1 pp. 28-47

Yochanan Shachmurove

The City College of New York, USA

A historical overview of financial crises in the United States

Abstract: One of the few constants since the United States declared its independence is the presence of frequent financial crises with similar causes. In the nineteenth century, these panics were frequent with eight occurring over the century. However, following the Second World War there was a period of relative calm, which may have led to complacency. The Savings and Loans and the current financial crises have shown that these events remain a very real threat to economic stability. I have greatly benefitted from research assistance by Zach Winston from Pennsylvania State University and Gregory Kauffman from the University of Pennsylvania. (original abstract)
pub/2011_1_28.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume11/issue1/2011_1_28.pdf
Keywords: Financial crisis, Real estate prices, Banking crisis, Public debt, Financial policy, Kryzys finansowy, Ceny nieruchomości, Kryzys bankowy, Dług publiczny, Polityka finansowa

For citation:

MLA Shachmurove, Yochanan. "A historical overview of financial crises in the United States." Economics and Business Review EBR 11.1 (): 28-47.
APA , (). A historical overview of financial crises in the United States. Economics and Business Review EBR 11(1), 28-47
ISO 690 SHACHMUROVE, Yochanan. A historical overview of financial crises in the United States. Economics and Business Review EBR, , 11.1: 28-47.