Too Big to Fail? The Newfoundland Bank Crash of 1894
Too Big to Fail? The Newfoundland Bank Crash of 1894In the Newfoundland Bank Crash of 1894, the commercial banks in a duopolistic loan market both went under simultaneously. The banking system was „free", as central bank, deposit insurance, and lender of last resort were all absent. The objecti...
Published in: | Kredit und Kapital |
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Main Author: | |
Format: | Text |
Language: | English |
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Berlin: Duncker & Humblot
2008
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Online Access: | https://doi.org/10.3790/kuk.41.2.161 |