| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/h0067 |
| 来源ID | Historical Working Paper 0067 |
| A Comparison of the Stability and Efficiency of the Canadian and American Banking Systems 1870-1925 | |
| Michael D. Bordo; Angela Redish | |
| 发表日期 | 1996-11-01 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | In this paper we compare the performance of the U.S. and Canadian banking systems from 1870-1925 in terms of stability and efficiency. In an earlier study we found that the Canadian banking system, based on nationwide branch banking, dominated the U.S. system, based on unit banking, on both criteria in the period 1920-1980. In this study we find that there is little significant difference between the two systems in the preceding 50 years. The difference between the two periods we attribute to the merger movement in Canada after 1900 which allowed the Canadian banking system to evolve from a system with incomplete regional diversification, and hence subject to a significant risk of an occasional failure by a large bank, to one characterized by national diversification and greater stability. The greater stability in turn allowed the financial structure of the banking system to evolve in a more efficient direction. |
| 主题 | History ; Financial History |
| URL | https://www.nber.org/papers/h0067 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/563301 |
| 推荐引用方式 GB/T 7714 | Michael D. Bordo,Angela Redish. A Comparison of the Stability and Efficiency of the Canadian and American Banking Systems 1870-1925. 1996. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| h0067.pdf（1128KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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