An Analysis of the Balance Sheet of the First Bank of the United States

Adil Javat
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Adil Javat: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

No 74, Studies in Applied Economics from The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

Abstract: The First Bank of the United States was established in 1791 and was chartered for 20 years. Analysis of its balance sheet (digitized for the first time in an accompanying spreadsheet workbook) allows us to paint a picture of the landscape of the economy and significant financial events that occurred during its existence. This paper shows how the composition of the bank's assets and liabilities changed over time and how their geographical distribution changed.

Keywords: First Bank of the United States; balance sheet; branch banking (search for similar items in EconPapers)
JEL-codes: E58 N21 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2017-02
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:jhisae:0074

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