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Title:Were universal banks more vulnerable to banking failures? Evidence from the 1931 German banking crisis PDF Logo
Authors:Adalet, Müge
Issue Date:2009
Series/Report no.:TÜSİAD-Koç University Economic Research Forum working paper series 0911
Abstract: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.
Subjects:Banking Crises
Great Depression
Universal Banking
JEL:N24
E44
G01
Document Type:Working Paper
Appears in Collections:ERF Working Paper Series, TÜSİAD-Koç University Economic Research Forum (ERF)

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