Were Universal Banks More Vulnerable to Banking Failures? Evidence From the 1931 German Banking Crisis

This paper examines the 1931 German banking crisis using a bank-level data set. It specifically focuses on the link between banking structure and financial stability. The universality of banks, a key characteristic of the German banking system, is shown to increase the probability of bank failure after controlling for other bank-level characteristics and macroeconomic variables.

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Year of publication:	2009-11
Authors:	Adalet, Muge
Institutions:	İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi
Subject:	Great Depression \| Banking Crisis \| Universal Banking

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Extent:	application/pdf
Series:	Koç University-TUSIAD Economic Research Forum Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	35 pages
Classification:	N24 - Europe: 1913- ; E44 - Financial Markets and the Macroeconomy ; G01 - Financial Crises
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008549272