Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/45433
Authors: 
Adalet, Müge
Year of Publication: 
2009
Series/Report no.: 
TÜSİAD-Koç University Economic Research Forum working paper series 0910
Abstract: 
This paper examines the link between banking structure and financial fragility across Europe during the 1920s and 1930s using a new database. Monthly and annual data are analyzed to show that countries with universal banking were more likely to experience crises. Furthermore, those countries with universal banking, which have a crisis, are shown to experience a slowdown in their economic growth.
Subjects: 
Great Depression
Banking Crisis
Real Effects of Crises
Universal Banking
JEL: 
N24
E44
G01
Document Type: 
Working Paper

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