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of network choices for bank liquidity risk. Banks' network profiles differed according to the range of services they …
Persistent link: https://www.econbiz.de/10013001443
the era before FDIC insurance. Bank stock price and balance sheet data were not readily available for this time period. We …
Persistent link: https://www.econbiz.de/10012933762
In this essay, I make the case for the historical study of bank supervision—both that historical methods are necessary … for scholars for whom bank supervision is self-evidently important and for those who may have never encountered the term …
Persistent link: https://www.econbiz.de/10013247103
Efforts in the United States to promote bank liquidity through reserve requirements, a minimum ratio of liquid assets … reserve requirements in favor of a central bank able to add liquidity to the financial system. This paper reviews the issues …, to provide some insights and lessons that are relevant today. A key lesson is that individual bank liquidity during …
Persistent link: https://www.econbiz.de/10013083790
Persistent link: https://www.econbiz.de/10003641262
This paper identifies how bank branching benefited local economies during the Great Depression. Using archival data and … narrative evidence, I show how Bank of America's branch network in 1930s California created an internal capital market to … competing banking offices. The bank's presence caused smaller city property value contractions and stronger recoveries through …
Persistent link: https://www.econbiz.de/10014421204
This paper studies how structural transformation exacerbates financial crises. Using newly collected data, I document the persistent effect of credit supply shocks on local economies during the Great Depression. Cities with access to an unusually generous branching network were no different from...
Persistent link: https://www.econbiz.de/10012857844
became the main driver for big bank corporate welfare. Deposit insurance gave rise to TBTF and, at the same time, put small …
Persistent link: https://www.econbiz.de/10013034485
the demands for currency and bank loans were normally at seasonal peaks and money markets were at their tightest. Moreover …
Persistent link: https://www.econbiz.de/10012900197