Arbeitspapier

The effect of financial structure on crises: universal banking in interwar Europe

This paper examines the link between banking structure and financial fragility across Europe during the 1920s and 1930s using a new database. Monthly and annual data are analyzed to show that countries with universal banking were more likely to experience crises. Furthermore, those countries with universal banking, which have a crisis, are shown to experience a slowdown in their economic growth.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 0910

Classification
Wirtschaft
Economic History: Financial Markets and Institutions: Europe: 1913-
Financial Markets and the Macroeconomy
Financial Crises
Subject
Great Depression
Banking Crisis
Real Effects of Crises
Universal Banking
Universalbank
Bankenkrise
Konjunktur
Bankgeschichte
Europa

Event
Geistige Schöpfung
(who)
Adalet, Müge
Event
Veröffentlichung
(who)
TÜSİAD-Koç University Economic Research Forum
(where)
Istanbul
(when)
2009

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Adalet, Müge
  • TÜSİAD-Koç University Economic Research Forum

Time of origin

  • 2009

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