Working Paper: NBER ID: w16872
Authors: Gary Richardson; Michael Gou
Abstract: Dun's Review began publishing monthly data on bankruptcies by branch of business during the 1890s. This essay reconstructs that series, links it to its successors, and discusses how it can be used for economic analysis.
Keywords: business failures; economic analysis; bankruptcy; historical statistics
JEL Codes: N1; N11; N6; N61; N8; N81
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Economic conditions (E66) | Business failures (G33) |
| Recessions (E32) | Business failures (G33) |
| Expansions (R12) | Business failures (G33) |
| Bankruptcy laws (K35) | Business failures (G33) |
| Total liabilities of failed firms (G33) | Economic activity (E29) |