Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/230288
Authors: 
LEHMANN‐HASEMEYER, SIBYLLE
WAHL, FABIAN
Year of Publication: 
2020
Citation: 
[Journal:] The Economic History Review [ISSN:] 1468-0289 [Volume:] [Issue:] [Pages:] n/a-n/a
Abstract: 
This article provides evidence that smaller, regional public financial intermediaries contributed to Germany's industrial development, using a new dataset of the foundation year and location of Prussian savings banks. This extends the bank–growth nexus beyond its traditional focus on large universal banks. Since savings banks were public financial intermediaries, our results further suggest that state intervention can be successful in the financial sector, particularly at the early stages of industrial development when capital requirements are manageable, and access to international capital markets is limited.
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/4.0/
Document Type: 
Article
Document Version: 
Published Version

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.