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Party realignments and the growth of federal economic regulation, 1861–1986

✍ Scribed by Kathleen A. Kemp

Publisher: Springer
Year: 1989
Tongue: English
Weight: 846 KB
Volume: 2
Category: Article
ISSN: 0920-8550
DOI: 10.1007/bf00130739

No coin nor oath required. For personal study only.

✦ Synopsis

This article explains when and why the federal government passed laws with the intended goal of maintaining or improving a particular industry or segment of an industry. The adoption of regulatory laws across time will be described, and the surges and declines i:a the distribution explained. The empirical analysis covers the years 1861-1986. This article is an abbreviated version of a paper prepared for the 1988 Conference "Perspectives on Banking Regulation," Federal Reserve Bank of Cleveland, November 3--4, 1988. I am very indebted to George J. Benston who allowed me to revise the paper in response to his criticisms.

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