Information management in times of crisis

Autor:	Adam Copeland, Haelim Anderson
Rok vydání:	2023
Předmět:	Information management Economics and Econometrics Control (management) Great Depression Balance sheet Financial system Deposit insurance Business National bank Finance
Zdroj:	Journal of Monetary Economics. 136:35-49
ISSN:	0304-3932
DOI:	10.1016/j.jmoneco.2023.01.008
Popis:	How does information management and control affect bank stability? Following a national bank holiday in 1933, New York state bank regulators suspended the publication of balance sheets of state-charter banks for two years, whereas the national-charter bank regulator did not. We use this divergence in policies to examine how the suspension of bank-specific information affected depositors. We find that state-charter banks experienced significantly less deposit outflows than national-charter banks in 1933. However, the behavior of bank deposits across both types of banks converged in 1934 after the introduction of federal deposit insurance.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c67bfe28ab1eb4c2e56e50bc4358b864 https://doi.org/10.1016/j.jmoneco.2023.01.008 Zobrazit plný text záznamu Full Text from ScienceDirect