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来源类型Working Paper
规范类型报告
DOI10.3386/w18427
来源IDWorking Paper 18427
The Effects of Reconstruction Finance Corporation Assistance on Michigan's Banks' Survival in the 1930s
Charles W. Calomiris; Joseph R. Mason; Marc Weidenmier; Katherine Bobroff
发表日期2012-09-27
出版年2012
语种英语
摘要This paper examines the effects of the Reconstruction Finance Corporation's (RFC) loan and preferred stock programs on bank failure rates in Michigan during the period 1932-1934, which includes the important Michigan banking crisis of early 1933 and its aftermath. Using a new database on Michigan banks, we employ probit and survival duration analysis to examine the effectiveness of the RFC's loan program (the policy tool employed before March 1933) and the RFC's preferred stock purchases (the policy tool employed after March 1933) on bank failure rates.
主题Financial Economics ; Financial Markets ; Financial Institutions ; History ; Macroeconomic History ; Financial History
URLhttps://www.nber.org/papers/w18427
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/576103
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Charles W. Calomiris,Joseph R. Mason,Marc Weidenmier,et al. The Effects of Reconstruction Finance Corporation Assistance on Michigan's Banks' Survival in the 1930s. 2012.
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