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Signals and Stigmas from Banking Interventions: Lessons from the Bank Holiday in 1933

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NBER2023-04-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w31088
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资源简介:
A nationwide panic forced President Franklin Roosevelt to declare a banking holiday in March 1933. The government reopened banks sequentially using a process that sent noisy signals about banks health. New microdata reveals the public responded to these signals. Deposits at rapidly reopened banks
提供机构:
美国国家经济研究局
创建时间:
2023-04-01
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