A Reinterpretation of the Banking Crisis of 1930
A Reinterpretation of the Banking Crisis of 1930
复制标题
对 1930 年银行危机的重新解读
DOI:
10.1017/s0022050700031405
复制
发表时间:
1984
期刊:
影响因子:
--
通讯作者:
E. White
中科院分区:
文献类型:
--
作者:
E. White
The banking crisis of 1930 is one of the central events of the Great Depression. The causes of this wave of bank failures are examined using individual bank balance sheet data. Both real and monetary factors are found to have forced the closure of banks, many of which were already weakened by regulatory constraints and regional economic difficulties. The bank failures in this crisis do not seem to have been different in character from failures in previous years, suggesting that the rise in the number of failures may have marked only the beginning of a recession rather than a depression.