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Creator: Lucas, Jr., Robert E. and Nicolini, Juan Pablo Series: Working Papers (Federal Reserve Bank of Minneapolis) Number: 718 Palabra clave: Monetary base and Money demand Tema: E41 - Money and interest rates - Demand for money and E40 - Money and interest rates - General -
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Creator: McGrattan, Ellen R. and Prescott, Edward C. Series: Staff report (Federal Reserve Bank of Minneapolis. Research Department) Number: 494 Palabra clave: Business cycles, Intangible capital, and Productivity Tema: E32 - Prices, business fluctuations, and cycles - Business fluctuations ; Cycles and E13 - General aggregative models - Neoclassical -
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Creator: Kehoe, Timothy Jerome, 1953- and Prescott, Edward C. Series: Staff report (Federal Reserve Bank of Minneapolis. Research Department) Number: 418 Abstract: Three of the arguments made by Temin (2008) in his review of Great Depressions of the Twentieth Century are demonstrably wrong: that the treatment of the data in the volume is cursory; that the definition of great depressions is too general and, in particular, groups slow growth experiences in Latin America in the 1980s with far more severe great depressions in Europe in the 1930s; and that the book is an advertisement for the real business cycle methodology. Without these three arguments — which are the results of obvious conceptual and arithmetical errors, including copying the wrong column of data from a source — his review says little more than that he does not think it appropriate to apply our dynamic general equilibrium methodology to the study of great depressions, and he does not like the conclusion that we draw: that a successful model of a great depression needs to be able to account for the effects of government policy on productivity.
Descripción: In 2008, Peter Temin wrote a review of the book that appeared in the Journal of Economic Literature. This staff report and accompanying data file are in response to the review.
Citation for review: Temin, Peter. 2008. "Real Business Cycle Views of the Great Depression and Recent Events: A Review of Timothy J. Kehoe and Edward C. Prescott's Great Depressions of the Twentieth Century." Journal of Economic Literature, 46 (3): 669-84. DOI: https://doi.org/10.1257/jel.46.3.669
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Creator: Pahl, Cynthia Palabra clave: Licensing, Mortgage lending, Regulation, Mortgage broker, and Data -
Creator: Weber, Warren E. Descripción: This file contains a listing of all banks that existed in the United States between 1784 and 1860 along with their opening and closing dates. Further, if a bank went out of existence, its disposition – whether it closed, failed, or other – is given. For the methodology to obtain beginning and ending dates see Weber, Warren E., “Early State Banks in the United States: How Many Were There and When Did They Exist?” Journal of Economic History, 433–455, June 2006.
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Creator: Ueberfeldt, Alexander Descripción: Data supporting the chapter "Prosperity and Depression." The file Ely-Sources.xls contains the original data and constructed series used to generate the Tables 1 to 6 and the Figures 1 to 3. Each of the nine objects has its own worksheet in the file. For example the worksheet that contains series used to generate figure 1 in the paper, is entitled Fig 1. In each worksheet, original series are labeled On and constructed series are labeled Cn. Constructed series Cn are obtained from the original and/or other constructed series in the respective worksheet.
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Creator: Chari, V. V., Kehoe, Patrick J., and McGrattan, Ellen R. Series: Working Papers (Federal Reserve Bank of Minneapolis) Number: 619 -
Creator: Weber, Warren E. Descripción: This spreadsheet contains the disaggregated national bank call reports by state and reserve city for each call report date. These data appear as compiled by the Comptroller of the Currency. These data are a “cleaned” version of the data published in the Annual Reports of the Comptroller of the Currency. Where assets and liabilities were not equal for a state or reserve city in the original, they have been corrected to be equal in this data set. This was done by comparing for each asset and liability category differences between totals as reported by the Comptroller and totals category obtained by aggregating the individual state and reserve city data. It should also be noted that aggregates for the entire National Banking System should be based on the individual data in this dataset and not those reported by the Comptroller. After 1900 the dates for the data for Alaska and Hawaii that the Comptroller used in his totals do not match the dates given in the individual state reports.
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Creator: Weber, Warren E. Descripción: This spreadsheet contains data for Argentina, Brazil, Canada, Chile, France, Germany, Italy, Japan, Netherlands, Norway, Portugal, Spain, Sweden, UK, and US for the period 1810 – 1995. The data reported are for specie, M0, M2, prices, and output. The results in Rolnick-Weber, Journal of Political Economy (1997) are based on the data in this spreadsheet. For a description of how the data are constructed, see Rolnick and Weber, Staff Report 175 (1995) : https://www.minneapolisfed.org/research/staff-reports/inflation-money-and-output-under-alternative-monetary-standards.
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Creator: Weber, Warren E. Descripción: Interbank payment data for Pennsylvania, 1842-1859. Data accompanies Warren Weber's 2003 Journal of Monetary Economics article "Interbank payments relationships in the antebellum United States : evidence from Pennsylvania."
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Creator: Chari, V. V., Kehoe, Patrick J., and McGrattan, Ellen R. Series: Staff report (Federal Reserve Bank of Minneapolis. Research Department) Number: 217 -
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Antebellum U.S. State Bank Balance Sheets
CollectionDescripción: This data set consists of individual bank balance sheets for the antebellum period in the United States compiled from reports of state banking authorities. The data set is updated periodically. For each state, data are available in two forms. The worksheet “detailed” contains the data in as detailed a form as in the original source. In the worksheet “standardized”, data are presented in a consistent set of asset and liability categories for each bank.
In the compilation, individual asset and liability categories have been preserved as much as possible. The data have also been modified in two primary ways: •Where the original data have both differences between assets and liabilities for a given bank and corresponding differences in reported aggregated totals for individual asset/liability categories, the data have been changed to eliminate such differences. •Where the original data have obvious inaccuracies (e.g., capital of $100,000 for several years in a row and then $10,000 for one year), such inaccuracies have been corrected.
Note also that for many dates, aggregate totals for individual asset/liability categories do not match reported data, presumably due to calculation and other errors by the original compilers.
Some of the downloadable Excel files that follow use Pre-1900 dates that Excel does not natively handle.
The financial assistance of the Financial Services Research Group of the Federal Reserve System in compiling this data set is gratefully acknowledged.
Data compiled by Warren Weber.
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State Mortgage Broker Regulation Data
CollectionDescripción: The State Mortgage Broker Regulation Collection consists of a master data file and associated research documenting mortgage broker regulation in all 50 states. The data is provided here in Excel format, and is broken out by state or by year (1996-2006). Data were primarily collected by Cynthia Pahl for the Federal Reserve Bank of Minneapolis. Resulting research was performed by Dick Todd and Morris Kleiner.
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Creator: Weber, Warren E. Descripción: Balance sheets, Connecticut state banks
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Creator: Weber, Warren E. Descripción: Banknote discounts
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Creator: Gorton, Gary B. and Weber, Warren E. Descripción: Banknote discounts
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Creator: Weber, Warren E. Descripción: Railroad stock prices, quarterly indices
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Creator: Weber, Warren E. Descripción: Balance sheets, Massachusetts state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Delaware state banks
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Creator: Weber, Warren E. Descripción: Banknote discounts
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Creator: Weber, Warren E. Descripción: Balance sheets, South Carolina state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, New Hampshire state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Arkansas state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Alabama state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Georgia state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Illinois state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Indiana state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Florida state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Vermont state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Mississippi state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Nebraska state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Missouri state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Tennessee state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Ohio state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, District of Columbia banks
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Creator: Weber, Warren E. Descripción: Balance sheets, North Carolina state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Louisiana state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Minnesota state banks
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Creator: Weber, Warren E. Descripción: Balance sheet, Kentucky state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Michigan state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Kansas state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Maine state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Maryland state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, New Jersey state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Rhode Island state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Wisconsin state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Pennsylvania state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Virginia state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, New York state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, Iowa state banks
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Creator: Weber, Warren E. Descripción: Balance sheets, State banks