The Balance Sheets of the Bank of the United States

Zackary Baker, George Gulino, Adil Javat and Kurt Schuler
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Zackary Baker: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise
George Gulino: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise
Adil Javat: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise
Kurt Schuler: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

No 132, Studies in Applied Economics from The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

Abstract: The Bank of the United States was the closest the United States came to having a central bank before establishing the Federal Reserve System. What was later called the First Bank of the United States operated from 1791 until its charter lapsed in 1811. After bad experience without a national bank during the War of 1812, the federal government chartered what was termed the Second Bank of the United States in 1816. When its charter lapsed in 1836, the bank continued as the United States Bank of Pennsylvania, which failed in 1841 following recessions and financial panics. We present digitized balance sheet data for all three institutions.

Keywords: First Bank of the United States; Second Bank of the United States; United States Bank of Pennsylvania; Pennsylvania Bank of the United States; balance sheet; assets; liabilities; central banking (search for similar items in EconPapers)
JEL-codes: E50 N11 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2019-01
New Economics Papers: this item is included in nep-acc, nep-his, nep-mac and nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:ris:jhisae:0132

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