The Second Bank of the United States: �Central� banker in an era of nation-building, 1816�1836

The year 2016 marks the 200^th anniversary of the founding of the Second Bank of the United States (1816-1836). This book is an economic history of an early central bank, the Second Bank of the United States (1816-36). It shows how the Bank developed a business model that allowed it to make a competitive profit while providing integrating fiscal services to the national government for free. The model revolved around the strategic use of its unique ability to establish a nationwide system of branches. This book shows how the Bank used its branch network to establish dominance in select money markets: frontier money markets and markets for bills of exchange and specie.

Author: Jane Ellen Knodell
Publisher: Routledge
Published: 09/08/2016
Pages: 188
Binding Type: Hardcover
Weight: 0.95lbs
Size: 9.30h x 6.20w x 0.70d
ISBN: 9781138786622

About the Author

Jane Ellen Knodell is Mark J. Zwynenburg Green and Gold Professor of Financial History at the University of Vermont, USA. Her research and teaching interests are in the fields of money and banking, macroeconomics, and economic history.