The Antebellum Money Market and the Economic Impact of the Bank War: A Comment

Christopher Curran and Jack Johnston

The Journal of Economic History, 1979, vol. 39, issue 2, 461-466

Abstract: In an earlier issue of this Journal, M. E. Sushka criticized the methodology of such “revisionists” as Peter Temin in their evaluation of the impact of the Bank War on the Jacksonian economy. Sushka characterizes the work of the revisionists as the “use of descriptive statistical tools in an attempt to analyze developments empirically.” Sushka, on the other hand, applies “modern econometric techniques” to “an economic framework drawn from contemporary monetary and macroeconomic theory.”

Date: 1979
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