Gigliobianco, Alfredo - 2014
Between the 1880s and the 1930s, three “regulatory cycles” can be identified in Italy. In the underlying model, each … contribute to the outbreak of a new financial crisis. In Italy, overtrading of the banks of issue in the 1880s contributed to the … 1888-1894 financial crisis, which yielded regulation concerning only these banks and restricting their activity. The German …