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Once Upon a Time in the Banking Sector: Historical Insights into Banking Competition

Sergio Correia and Stephan Luck
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Sergio Correia: Board of Governors

No 20190923, Liberty Street Economics from Federal Reserve Bank of New York

Abstract: How does competition among banks affect credit growth and real economic growth? In addition, how does it affect financial stability? In this blog post, we derive insights into this important set of questions from novel data on the U.S. banking system during the nineteenth century.

Keywords: Economic history; banking (search for similar items in EconPapers)
JEL-codes: D41 C62 G1 (search for similar items in EconPapers)
Date: 2019-09-23
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