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embeds a banking sector prone to runs in a stylized growth model to show that episodes of bank distress affect not only the … difference-in-difference identification strategies, I show that industries that depend more on external finance, in more bank …
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only applies to large players. Sectoral concentration, bank health and the share of foreign ownership yield more mixed …
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only applies to large players. Sectoral concentration, bank health and the share of foreign ownership yield more mixed …
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Europe, Latin America, Asia, and Africa. Why do such crises recur? What is it about the accumulation of bank debt that ….S. banking history, from pre-U.S. Civil War private bank notes issued during the U.S. Free Banking Era (1837-1863), followed by … the U.S. National Banking Era (1863-1914) before there was a central bank, through loan sales, securitization, and the …
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