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Fig. 2 | Swiss Journal of Economics and Statistics

Fig. 2

From: Money demand under free banking: Switzerland 1851–1906

Fig. 2

Data series Swiss money demand estimation, 1851–1906. Nominal values in million SFr, interest rates in %. Data source: Swiss economic and social history database: M1 (Table Q3), GDP (Table Q16a, b), number of banks (Q8), and CPI (H17); http://www.fsw.uzh.ch/hstat/hsso/overview.php. SNB historical series: saving deposit and mortgage interest rates, https://www.snb.ch/de/iabout/stat/statrep/statpubdis/id/statpub_histz_arch#t3

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