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Erscheinungsjahr: 
1997
Quellenangabe: 
[Publisher:] Institut für Weltwirtschaft (IfW) [Place:] Kiel [Year:] 1997
Schriftenreihe/Nr.: 
Kiel Working Paper No. 802
Verlag: 
Kiel Institute of World Economics (IfW), Kiel
Zusammenfassung: 
In the discussion about the structure and evolution of financial systems, the US separated and the German universal banking system are commonly considered as antipodes. This paper shows that the differences in the role of banks in these two economies are less pronounced than the conventional wisdom suggests. Furthermore, prevailing differences can be explained by a number of factors other than banking regulations. Hence, the distinction which is commonly drawn between universal and separated banking systems can be misleading and tends to underrate the ongoing convergence between the systems.
JEL: 
G1
G2
G32
Dokumentart: 
Working Paper
Dokumentversion: 
Digitized Version

Datei(en):
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