Bank runs where a common occurrence in United States in the market crash of 1929 and during the 1930s. Regulation and federal policy deposit insurance entirely eliminated this phenomenon in subsequent decades.
- Diamond, Douglas W., and Philip H. Dybvig. "Bank runs, deposit insurance, and liquidity." Journal of political economy 91, no. 3 (1983): 401-419.
- Roche, Cullen O. 2011. ‘Understanding the Modern Monetary System’. http://ssrn.com/paper=1905625.