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来源类型Working Paper
规范类型报告
DOI10.3386/w4546
来源IDWorking Paper 4546
A Comparison of the United States and Canadian Banking Systems in the Twentieth Century: Stability vs. Efficiency?
Michael D. Bordo; Hugh Rockoff; Angela Redish
发表日期1993-11-01
出版年1993
语种英语
摘要This paper asks whether the vaunted comparative stability of the Canadian banking system has been purchased at the cost of creating an oligopoly. We assembled a data set that compares bank failures, lending rates, interest paid on deposits and related variables over the period 1920 to 1980. Our principal findings are that: (1) interest rates paid on deposits were generally higher in Canada; (2) interest income received on securities was generally slightly higher in Canada; (3) interest rates charged on loans were generally quite similar; (4) net rates of return to equity were generally higher in Canada than in the U.S..
主题Macroeconomics ; Money and Interest Rates ; Financial Economics ; Financial Institutions
URLhttps://www.nber.org/papers/w4546
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/561926
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Michael D. Bordo,Hugh Rockoff,Angela Redish. A Comparison of the United States and Canadian Banking Systems in the Twentieth Century: Stability vs. Efficiency?. 1993.
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