Finance Seminar
Funding Constraints, Market Liquidity, and Financial Crises: Lessons from an Historical Experiment
Eric Hughson, Don and Lorraine Freeberg Professor of Economics and Finance; Claremont McKenna College
20th Aug 2010 11:00 am - The Boardroom, Darlington Centre
We use the nineteenth and early twentieth century as a randomized historical experimentto examine the effect of funding liquidity on financial markets from 1815-1925.