| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26034 |
| 来源ID | Working Paper 26034 |
| The Founding of the Federal Reserve, the Great Depression and the Evolution of the U.S. Interbank Network | |
| Matthew S. Jaremski; David C. Wheelock | |
| 发表日期 | 2019-07-08 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Financial network structure is an important determinant of systemic risk. This paper examines how the U.S. interbank network evolved over a long and important period that included two key events: the founding of the Federal Reserve and the Great Depression. Banks established connections to correspondents that joined the Federal Reserve in cities with Fed offices, initially reducing overall network concentration. The network became even more focused on Fed cities during the Depression, as survival rates were higher for banks with more existing connections to Fed cities, and as survivors established new connections to those cities over time. |
| 主题 | Financial Economics ; Financial Institutions ; Industrial Organization ; Market Structure and Firm Performance ; History ; Financial History |
| URL | https://www.nber.org/papers/w26034 |
| 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/583708 |
| 推荐引用方式 GB/T 7714 | Matthew S. Jaremski,David C. Wheelock. The Founding of the Federal Reserve, the Great Depression and the Evolution of the U.S. Interbank Network. 2019. |
| 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 | ||
| w26034.pdf（1307KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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