Details about Richard S. Grossman

Homepage:	http://rgrossman.faculty.wesleyan.edu/
Phone:	860-685-2356
Postal address:	Department of Economics Wesleyan University 238 Church Street Middletown, CT 06459-0007
Workplace:	Centre for Economic Policy Research (CEPR), (more information at EDIRC) Institute for Quantitative Social Science, Harvard University, (more information at EDIRC) Economics Department, Wesleyan University, (more information at EDIRC)

Access statistics for papers by Richard S. Grossman.

Last updated 2025-01-06. Update your information in the RePEc Author Service.

Short-id: pgr394

---

Jump to Journal Articles Books Edited books Chapters

Working Papers

2024

1. Living La Vida Loca? Remote Investing in Latin America, 1869-1929
   CESifo Working Paper Series, CESifo
   Also in Wesleyan Economics Working Papers, Wesleyan University, Department of Economics (2024)
2. Was Freedom Road a Dead End? Political and Socio-Economic Effects of Reconstruction in the American South
   CESifo Working Paper Series, CESifo
   Also in Wesleyan Economics Working Papers, Wesleyan University, Department of Economics (2024)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2024)

2019

3. Before the Cult of Equity: New Monthly Indices of the British Share Market, 1829-1929
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
   Also in QUCEH Working Paper Series, Queen's University Belfast, Queen's University Centre for Economic History (2019) View citations (4)
   Wesleyan Economics Working Papers, Wesleyan University, Department of Economics (2019) View citations (1)
   QBS Working Paper Series, Queen's University Belfast, Queen's Business School (2019)

2017

4. Beresford’s Revenge: British equity holdings in Latin America, 1869-1929
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
5. Beresford’s Revenge: British equity holdings in Latin America, 1869-1929
   Wesleyan Economics Working Papers, Wesleyan University, Department of Economics View citations (2)
6. Stocks for the Long Run: New Monthly Indices of British Equities, 1869-1929
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
   Also in Wesleyan Economics Working Papers, Wesleyan University, Department of Economics (2017) View citations (11)

2016

7. Banking Crises
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Wesleyan Economics Working Papers, Wesleyan University, Department of Economics (2016)
   CESifo Working Paper Series, CESifo (2016)

2015

8. Fighting the Last War: Economists on the Lender of Last Resort
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
   Also in Departmental Working Papers, Rutgers University, Department of Economics (2015) View citations (12)
   NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (11)
9. Taking the Lord's Name in Vain: The Impact of Connected Directors on 19th century British Banks
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Wesleyan Economics Working Papers, Wesleyan University, Department of Economics (2014)
   Working Papers, Tokyo Center for Economic Research (2014)
   CESifo Working Paper Series, CESifo (2014)
   See also Journal Article Taking the lord's name in vain: The impact of connected directors on 19th century British banks, Explorations in Economic History, Elsevier (2016) View citations (5) (2016)

2014

10. Bloody Foreigners! Overseas Equity on the London Stock Exchange, 1869-1928
    Wesleyan Economics Working Papers, Wesleyan University, Department of Economics View citations (1)

2013

11. A Monthly Stock Exchange Index for Ireland, 1864‐1930
    Wesleyan Economics Working Papers, Wesleyan University, Department of Economics
    Also in Oxford Economic and Social History Working Papers, University of Oxford, Department of Economics (2013)
    See also Journal Article A monthly stock exchange index for Ireland, 1864–1930, European Review of Economic History, European Historical Economics Society (2014) View citations (19) (2014)

2011

12. Contingent Capital and Bank Risk-Taking among British Banks before World War I
    Wesleyan Economics Working Papers, Wesleyan University, Department of Economics View citations (5)
13. The Economic History of Banking
    Wesleyan Economics Working Papers, Wesleyan University, Department of Economics View citations (2)

2010

14. International Aspects of the Great Depression and the Crisis of 2007: Similarities, Differences, and Lessons
    Wesleyan Economics Working Papers, Wesleyan University, Department of Economics View citations (31)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (28)
    See also Journal Article International aspects of the Great Depression and the crisis of 2007: similarities, differences, and lessons, Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited (2010) View citations (28) (2010)

2006

15. Other People’s Money: The Evolution of Bank Capital in the Industrialized World
    Wesleyan Economics Working Papers, Wesleyan University, Department of Economics
16. The Emergence of Central Banks and Banking Regulation in Comparative Perspective
    Wesleyan Economics Working Papers, Wesleyan University, Department of Economics View citations (1)

2001

17. Assessing Damages: The 1983 Israeli Bank Shares Crisis
    MPRA Paper, University Library of Munich, Germany View citations (3)

1996

18. A Harmful Guarantee? The 1983 Israel Bank Shares Crisis Revisited
    Bank of Israel Working Papers, Bank of Israel

1994

19. Debt Deflation and Financial Instability: Two Historical Explorations
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (1)
    Also in Economics Working Papers, University of California at Berkeley (1994) View citations (10)

1992

20. Excess Volatility on the London Stock Market, 1870-1990
    J. Bradford De Long's Working Papers, University of California at Berkeley, Economics Department View citations (4)

Journal Articles

2021

1. Before the cult of equity: the British stock market, 1829–1929
   (Rule Britannia! British stock market returns, 1825–1870)
   European Review of Economic History, 2021, 25, (4), 645-679 View citations (3)

2018

2. Revising ‘Bloody foreigners!’
   Economic History Review, 2018, 71, (4), 1357-1359 View citations (4)

2016

3. Taking the lord's name in vain: The impact of connected directors on 19th century British banks
   Explorations in Economic History, 2016, 59, (C), 75-93 View citations (5)
   See also Working Paper Taking the Lord's Name in Vain: The Impact of Connected Directors on 19th century British Banks, CEPR Discussion Papers (2015) (2015)

2015

4. Bloody foreigners! Overseas equity on the London Stock Exchange, 1869–1929
   Economic History Review, 2015, 68, (2), 471-521 View citations (21)

2014

5. A monthly stock exchange index for Ireland, 1864–1930
   European Review of Economic History, 2014, 18, (3), 248-276 View citations (19)
   See also Working Paper A Monthly Stock Exchange Index for Ireland, 1864‐1930, Wesleyan Economics Working Papers (2013) (2013)

2013

6. Contingent capital and bank risk-taking among British banks before the First World War
   Economic History Review, 2013, 66, (1), 132-155 View citations (27)

2010

7. International aspects of the Great Depression and the crisis of 2007: similarities, differences, and lessons
   Oxford Review of Economic Policy, 2010, 26, (3), 318-338 View citations (28)
   See also Working Paper International Aspects of the Great Depression and the Crisis of 2007: Similarities, Differences, and Lessons, Wesleyan Economics Working Papers (2010) View citations (31) (2010)

2009

8. Japan's return to gold: Turning points in the value of the yen during the 1920s
   Explorations in Economic History, 2009, 46, (3), 314-323 View citations (9)

2008

9. MAY ISSUE VERSUS SHALL ISSUE: EXPLAINING THE PATTERN OF CONCEALED‐CARRY HANDGUN LAWS, 1960–2001
   Contemporary Economic Policy, 2008, 26, (2), 198-206 View citations (14)
10. The evolution of a national banking market in pre-war Japan
    Explorations in Economic History, 2008, 45, (1), 17-29 View citations (11)

2007

11. Fear and greed: The evolution of double liability in American banking, 1865-1930
    Explorations in Economic History, 2007, 44, (1), 59-80 View citations (23)

2006

12. The Cross Section of Stock Returns before World War I
    Journal of Financial and Quantitative Analysis, 2006, 41, (2), 271-294 View citations (13)

2004

13. Paying for privilege: the political economy of Bank of England charters, 1694-1844
    Explorations in Economic History, 2004, 41, (1), 48-72 View citations (14)

2002

14. NEW INDICES OF BRITISH EQUITY PRICES, 1870–1913
    The Journal of Economic History, 2002, 62, (1), 121-146 View citations (46)

2001

15. Double Liability and Bank Risk Taking
    Journal of Money, Credit and Banking, 2001, 33, (2), 143-59 View citations (57)
16. U.S. Bank Deregulation in Historical Perspective. By Charles W. Calomiris. New York: Cambridge University Press, 1998. xxxii + 357 pp. Tables, index. Cloth, $39.95. ISBN 0-521-58362-4
    Business History Review, 2001, 75, (1), 215-217

1999

17. Rearranging deck chairs on the Titanic: English banking concentration and efficiency, 1870–1914
    European Review of Economic History, 1999, 3, (3), 323-349 View citations (7)

1998

18. WHO NEEDS GLASS‐STEAGALL? EVIDENCE FROM ISRAEL'S BANK SHARES CRISIS AND THE GREAT DEPRESSION
    Contemporary Economic Policy, 1998, 16, (2), 185-196 View citations (4)

1996

19. Financial fraud and banking stability: The Israeli bank crisis of 1983 and trial of 1990
    International Review of Law and Economics, 1996, 16, (4), 461-472 View citations (3)
20. International Capital Markets and American Economic Growth, 1820–1914. By Lance E. Davis and Robert J. Cull. Cambridge: Cambridge University Press, 1994. Pp. vii, 166. $34.95
    The Journal of Economic History, 1996, 56, (3), 735-737

1994

21. Laissez-faire Banking. By Kevin Dowd. New York: Routledge, 1993. Pp. viii, 380. $59.95
    The Journal of Economic History, 1994, 54, (2), 490-491
22. The Shoe That Didn't Drop: Explaining Banking Stability During the Great Depression
    The Journal of Economic History, 1994, 54, (3), 654-682 View citations (66)

1993

23. The Great Myths of 1929 and the Lessons to Be Learned. By Harold BiermanJr., Westport, CT: Greenwood Press, 1991. Pp. xii, 202. $39.95
    The Journal of Economic History, 1993, 53, (1), 195-196
24. The Macroeconomic Consequences of Bank Failures under the National Banking System
    Explorations in Economic History, 1993, 30, (3), 294-320 View citations (44)

1992

25. Deposit Insurance, Regulation, and Moral Hazard in the Thrift Industry: Evidence from the 1930's
    American Economic Review, 1992, 82, (4), 800-821 View citations (63)
26. Lessons from the Great Depression. By Peter Temin. Cambridge: The MIT Press, 1989. Pp. xv, 193. $16.95
    The Journal of Economic History, 1992, 52, (1), 244-246
27. Saving the Savings and Loan: The U.S. Thrift Industry and the Texas Experience, 1950–1988. ByM. Manfred Fabritius and William Borges · Westport, Conn.: Praeger Publishers, 1989. xiii + 162 pp. Maps, tables, notes, bibliography, and index. $37.95. ISBN 0-275-93161-7
    Business History Review, 1992, 66, (3), 600-602
28. The Role of Banks in the Interwar Economy. Edited by Harold James, Håkan Lindgren, and Alice Teichova. Cambridge: Cambridge University Press, 1991. Pp. xii, 277. $44.50
    The Journal of Economic History, 1992, 52, (3), 715-716

1991

29. La crise des Caisses d'épargne aux États-Unis: Une perspective historique
    Revue d'Économie Financière, 1991, 18, (3), 45-58

1989

30. General and Miscellaneous - The Evolution of Central Banks. By Charles Goodhart. Cambridge, MA: The MIT Press, 1988. Pp. viii, 205. $22.50, cloth; $11.95, paper
    The Journal of Economic History, 1989, 49, (3), 794-796

1985

31. Bank Rate Policy under the Interwar Gold Standard: A Dynamic Probit Model
    Economic Journal, 1985, 95, (379), 725-45 View citations (107)

Books

2014

1. WRONG: Nine Economic Policy Disasters and What We Can Learn from Them
   OUP Catalogue, Oxford University Press View citations (1)

2010

2. Unsettled Account: The Evolution of Banking in the Industrialized World since 1800
   Economics Books, Princeton University Press View citations (94)

Edited books

2016

1. The Oxford Handbook of Banking and Financial History
   OUP Catalogue, Oxford University Press View citations (9)

Chapters

2010

1. Introduction
   A chapter in Unsettled Account: The Evolution of Banking in the Industrialized World since 1800, 2010