ECON316--SF-EarthquakeFigs

ECON316--SF-EarthquakeFigs - 5:12 AM San Francisco City...

Info icon This preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
Image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
Image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 5:12 AM - April 18, 1906 San Francisco City Hall after the 1906 Earthquake. (from Steinbrugge Collection of the UC Berkeieg Earthquake Engineering Research Center) Excerpted from Ellsworth 1990. <s A? This photograph by Arnold Genthe shows Sacramento Street and approaching fire. (from Steinbrugge Collection of the UC Berkeleg Earthquake Enggineerr‘n Research Center) 80 San Francisco Earthquake and Insurance Payments Millions of SUS N a: ox O O O O FIGURE 1 U.S. NET GOLD IMPORTS, 1900—1913. / Panic of 1907 Source: Monthly Summary of Commerce and Finance of the United States, various issues. 8 6 m 4 .E E 2 2 m % s 0 3 O a. “5-2 In 8 , L: ‘4 s/V 7-2“— Payment of S. F. Insurance Claims '6 V —8 v—OOMOV‘INI‘NO‘V—‘KO—a \\\_\,_.\\\\_.\\ OO~\N\M¢V‘O\\DI\ OOO'HONOOOOV‘IOO ONOONOO‘OQONO‘O‘OQO" .—-.—4—.c\.—.o\~——~—.o\.—.~ FIGURE6 1907/8 Panic of 1907 M o V') N \ —: \ .— co \ ox \ O W O O 0‘ O 0‘ G v— 0‘ —-‘ 05 UK. NET GOLD IMPORTS, 1900—1913 Source: Economist, various issues. 1910/7 1911/2 1911/9 1912/4 1912/11 \ 1913/6 Panic of 1907 \ a. m m m E o m C m S F m m m . M4 HiHEMl ‘ 4 3 2 I 632 2252 0 mr$w1mmrrmfiwwnm7 I . 2:22 W :22 E 2 :22 2:82 :82 .H :82 l, :82 0:82 :82 [m :22 lm W .m :82 fl . :32 2:82 :82 , 382 :52 o :82 :82 FIGURE 2 UK GOLD EXPORTS TO THE UNITED STATES, 1900-1913 6 5 4 3 2 Source: Goodhart, New York Money Market, pp. 173-80. mDm ‘8 25:52 _ $32 $82 twea— 282 $39 Smog :Roe ESE Q82 $83 Q83 :82 2 {com— 9002 Q82 m3:— Q82 :83 _ <33 Q83 Smoc— Qmom. Q39 Smoo— FIGURE 3 SAN FRANCISCO GOLD IMPORTS, 1905—1908 Source: Commercial and Financial Chronicle, various issues. + London ”.ng Paris 5 4 , 3 ”BEBE 35:22 2 0 322 EN;— :33 m: 3— @20— :32 maca— Qwog :32 $82 $32 Coco— Smog Q32 353 $82 Q83 :83 $53 Qooo. :82 FIGURE 5 DISCOUNT RATES FOR LONDON, PARIS, AND BERLIN, 1900—1913 Source: Neal and Weidenmier, “Crises.” 25 earthquake and insurance payments Moscow scare but no gold flows ll 1. l 20 5 0 I N35582: I l 8m _ 2 _ :N _ 2 im _ m— m: 3‘ N: .3 to _ a N132 3802 333m— .2553 makeo— EROS ©9002 _ :82 2:25. 8302 N932 >983 NCNOg 3:33 2:8— 8:3— woaoa :89 FIGURE 9 NEW YORK CALL MONEY RATES, 1900—1913 Source: Macaulay, Movement, pp. A227—A229. 212 21.1 21.3 1 2 20 9 20.8 20 7 398m >285 @335 20.6 20.5 Q52 :52 Q52 :52 C52 2502 :82 :82 Q32 :52 5:52 :52 CS2 :52 E82 :52 Q52 :52 >552 :52 FIGURE 7 US. GOLD MONEY SUPPLY, 1900—1909 (in natural logarithms) Source: Tallman and Moen, “Gold Shocks.” 3285605 Ebméccfi $22 222 :N _ 2 m: _2 222 :o _ 2 $52 252 :52 352 2052 :82 $52 252 :52 $52 252 :52 $52 252 :82 FIGURE 8 US. INDUSTRIAL PRODUCTION, 1900-1913 (in natural logarithms) Source: Miron and Romer, “New Monthly Index,” pp. 336—37. ...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern