Discussion Paper

Once Upon a Time in the Banking Sector: Historical Insights into Banking Competition


Abstract: How does competition among banks affect credit growth and real economic growth? In addition, how does it affect financial stability? In this blog post, we derive insights into this important set of questions from novel data on the U.S. banking system during the nineteenth century.

Keywords: Economic history; banking;

JEL Classification: D41; C62; G1;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Liberty Street Economics

Publication Date: 2019-09-23

Number: 20190923