Interbank Connections, Contagion and Bank Distress in the Great Depression
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https://www.nber.org/papers/w25897
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资源简介:
Liquidity shocks transmitted through interbank connections contributed to bank distress during the Great Depression. New data on interbank connections reveal that banks were much more likely to close when their correspondents closed. Further, after the Federal Reserve was established, banks
提供机构:
美国国家经济研究局
创建时间:
2019-06-01



