Eric D. Hilt
Associate Professor of Economics
        Wellesley College
                  
      
    at time of fellowship
              2011 to 2012
      
    Hilt will write three papers examining the role of investment banks and other financial institutions in the U.S. economy from 1900-1925. He will analyze legislation enacted during this period as well as newly collected data on all NYSE-traded companies. Hilt will study the effect of ties between bankers and nonfinancial companies in order to understand the consequences of financial regulations intended to limit the power of bankers.