IDEAS home Printed from https://ideas.repec.org/a/taf/bushst/v53y2011i2p216-229.html
   My bibliography  Save this article

New perspectives on the 1931 banking crisis in Germany and Central Europe

Author

Listed:
  • Christopher Kopper

Abstract

Until today, most research on the Great Depression has focused on the failures of monetary and currency policies. A new look at the Great Depression challenges the dominant research opinion that the credit contraction was the main cause for the aggravated depression. The big German banks did not reduce the amount of credit and defaulted because of their high write-offs on big loans. The write-offs occurred as a consequence of the insufficient monitoring of debtors. The relation between the banks and their debtors was highly asymmetric and was characterised by the opportunistic behaviour of debtors.

Suggested Citation

  • Christopher Kopper, 2011. "New perspectives on the 1931 banking crisis in Germany and Central Europe," Business History, Taylor & Francis Journals, vol. 53(2), pages 216-229.
    • Handle: RePEc:taf:bushst:v:53:y:2011:i:2:p:216-229
    DOI: 10.1080/00076791.2011.555107
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00076791.2011.555107
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00076791.2011.555107?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. repec:ucp:bkecon:9780226519999 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stephen J. Turner, 2021. "Business, Human Rights and the Environment—Using Macro Legal Analysis to Develop a Legal Framework That Coherently Addresses the Root Causes of Corporate Human Rights Violations and Environmental Degr," Sustainability, MDPI, vol. 13(22), pages 1-31, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:bushst:v:53:y:2011:i:2:p:216-229. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/FBSH20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.