Zobacz książki o podobnej tematyce

Więcej informacji o Finance and Economics Discussion Series

• Dane szczegółowe
• Opis
• Ulubione w innej kategorii

Za ten zakup dostaniesz 46 punkty

Opis

This paper examines the mechanism through which banking sector distress affects the availability of credit. We use the experience of the United States during the Great Depression, a period of intense bank distress, to conduct our analysis. We utilize previously neglected data from a 1934 survey conducted by the Federal Reserve System of both banks and Chambers of Commerce regarding the availability of credit, and examine which aspects of the banking system collapse affected credit availability as indicated by the survey. A number of scholars have posited different ways that bank distress constrained credit availability and impacted economic activity during the 1930s; however, the empirical evidence regarding these channels is modest. In this study, we find that bank failures had the most dominant impact, but there is also some evidence for the importance of funding constraints from deposit outflows and of protracted deposit liquidation.

Szczegóły książki

Kategoria Książki po angielsku Society & social sciences Politics & government

• Pełny tytuł: Finance and Economics Discussion Series
• Podtytuł: Credit Availability and the Collapse of the Banking Sector in the 1930s
• Autor: Jonathan D Rose
• Język: Angielski
• Oprawa: Miękka
• Liczba stron: 52
• EAN: 9781288701605
• ISBN: 9781288701605
• ID: 08273470
• Wydawca: Bibliogov
• Waga: 109 g
• Wymiary: 246 × 189 × 3 mm
• Data wydania: 05. February 2013

---

---

---