Acknowledgements
Citing This Dataset
For 1867–1904 data
Carlson, Mark, Sergio Correia, and Stephan Luck. 2022. "The Effects of Banking Competition on Growth and Financial Stability: Evidence from the National Banking Era." Journal of Political Economy 130 (2): 462–520.
Click to copyBibTeX:
@article{CarlsonCorreiaLuck2022,
title={The Effects of Banking Competition on Growth and Financial Stability: Evidence from the National Banking Era},
author={Carlson, Mark and Correia, Sergio and Luck, Stephan},
journal={Journal of Political Economy},
volume={130},
number={2},
pages={462--520},
year={2022}
}
Click to copy
For 1863–1866 or 1905–1941 data
Correia, Sergio, Stephan Luck, and Emil Verner. 2025. "Failing Banks." The Quarterly Journal of Economics. https://doi.org/10.1093/qje/qjaf044
Click to copyBibTeX:
@article{CorreiaLuckVerner2025,
title={Failing Banks},
author={Correia, Sergio and Luck, Stephan and Verner, Emil},
journal={The Quarterly Journal of Economics},
year={2025},
doi={10.1093/qje/qjaf044}
}
Click to copy
Research Assistance
We thank Moxie Clifford, Trang Do, and Camilla MacMichael for excellent research assistance.
Data Contributors
Special thanks to:
- Peter Huntoon, for sharing the 1864 Statements of Condition and for donating his carefully assembled physical set of all 1863–1935 OCC Annual Reports, which we use to improve and validate our data.
- Andrew Pollock, for independently compiling data on total assets and circulation from the 1863–1935 OCC reports, which enabled us to cross-validate our dataset and thus improve its quality.
- Mark Drengson, for identifying discrepancies based on comparison with Andrew Pollock's data, leading to corrections incorporated in version 2.7.
- Our colleagues and former colleagues at the Federal Reserve Board, Federal Reserve Bank of New York, Federal Reserve Bank of Richmond, and MIT, for encouraging us to embark on this almost absurdly colossal task, and take it to fruition.