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The real effects of bank runs: France in 1930 and 1931
[Les effets réels des paniques bancaires : la France en 1930-1931]

Author

Listed:
  • Eric Monnet
  • Angelo Riva
  • Stefano Ungaro

Abstract

During the Great Depression, bank runs in France were characterised by a flight from banks to savings institutions, which were perceived as safer. Here, we identify and quantify the effects of these bank runs and analyse the conditions that led them to deepen the economic crisis. Durant la Grande Dépression, les ruées bancaires ont été caractérisées en France par une fuite des banques vers les Caisses d’épargne, jugées plus sûres. Nous distinguons et quantifions les effets de ces paniques bancaires et analysons les conditions les conduisant à renforcer la crise économique.

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Handle: RePEc:bfr:econot:271
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File URL: https://www.banque-france.fr/en/publications-and-statistics/publications/real-effects-bank-runs-france-1930-and-1931
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File URL: https://www.banque-france.fr/fr/publications-et-statistiques/publications/les-effets-reels-des-paniques-bancaires-la-france-en-1930-1931
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