The German twin crisis of 1931

Journal of Economic History

Volumn 64, Issue 3, 2004, Pages 822-871

  Schnabel, Isabel ^a  

^a MAX PLANCK INSTITUTE FOR RESEARCH ON COLLECTIVE GOODS   (Germany)

Author keywords

[No Author keywords available]

Indexed keywords

BANKING; CURRENCY MARKET; ECONOMIC HISTORY; FINANCIAL CRISIS;

CENTRAL EUROPE; EURASIA; EUROPE; GERMANY;

EID: 5544320334     PISSN: 00220507     EISSN: None     Source Type: Journal    
DOI: 10.1017/s0022050704002980     Document Type: Article

References (67)

1. Aghion, Philippe, Philippe Bacchetta, and.Abhijit Banerjee. "Currency Crises and Monetary Policy in an Economy with Credit Constraints." European Economic Review 45, no. 7 (2001): 1121-50.
2. Allen, Franklin, and Douglas Gale. "Optimal Currency Crises." Carnegie-Rochester Conference Series on Public Policy 53, no. 0, December (2000): 177-230.
3. Allen, Franklin, "Financial Contagion." Journal of Political Economy 108, no. 1 (2000): 1-33.
4. Balderston, Theo. "German Banking between the Wars: The Crisis of the Credit Banks." Business History Review 65, no. 3 (1991): 554-605.
5. Balderston, Theo. The Origins and Course of the German Economic Crisis 1923-1932. Berlin: Haude & Spener, 1993.
6. Balderston, Theo. "The Banks and the Gold Standard in the German Financial Crisis of 1931." Financial History Review 1 (1994): 43-68.
7. Bank, Die, various dates.
8. Borchardt, Knut. "Währung und Wirtschaft." In Währung und Wirtschaft in Deutschland 1876-1975, edited by Deutsche Bundesbank, 3-55. Frankfurt am Main: Fritz Knapp-Verlag, 1976.
9. Borchardt, Knut. Perspectives on Modern German Economic History and Policy. Cambridge: Cambridge University Press, 1991.
10. Bordo, Michael, Barry Eichengreen, Daniela Klingebiel, and Maria Soledad Martinez-Peria. "Is the Crisis Problem Growing More Severe?" Economic Policy: A European Forum O, no. 32 (2001): 51-75.
11. Born, Karl Erich. Die deutsche Bankenkrise 1931. München: Piper, 1967.
12. Boyd, John H., and Mark Gertler. "The Role of Large Banks in the Recent U.S. Banking Crisis." Federal Reserve Bank of Minneapolis Quarterly Review 18, no. 1 (1994): 2-21.
13. Bundesarchiv Berlin, Reichsbank (BAB RB). Berlin-Lichterfelde.
14. Burnside, Craig, Martin Eichenbaum, and Sergio T. Rebelo. "On the Fundamentals of Self-Fulfilling Speculative Attacks." NBER Working Paper No. 7554, Cambridge, MA, 2000.
15. Chang, Roberto, and Andrés Velasco. "Financial Fragility and the Exchange Rate Regime. " Journal of Economic Theory 92, no. 1 (2000): 1-34.
16. Chen, Yehning. "Banking Panics: The Role of the First-Come, First-Served Rule and Information Externalities." Journal of Political Economy 107, no. 5 (1999): 946-68.
17. Corsetti, Giancarlo, Paolo Pesenti, and Nouriel Roubini. "Paper Tigers? A Model of the Asian Crisis." European Economic Review 43, no. 7 (1999): 1211-36.
18. Deutsche Bundesbank. Deutsches Geld- und Bankwesen in Zahlen 1876-1975. Frankfurt am Main: Fritz Knapp Verlag, 1976.
19. Deutscher Reichs- und Preußischer Staatsanzeiger, various dates.
20. Diaz-Alejandro, Carlos. "Good-Bye Financial Repression, Hello Financial Crash." Journal of Development Economics 19 (1985): 1-24.
21. Dooley, Michael P. "A Model of Crises in Emerging Markets." Economic Journal 110 (2000): 256-72.
22. Eichengreen, Barry. Golden Fetters: The Gold Standard and the Great Depression, 1919-1939. New York, Oxford: Oxford University Press, 1992.
23. Enquête-Ausschuß. Die Reichsbank. Verhandlungen und Berichte des Unterausschusses für Geld-, Kredit- und Finanzwesen (V. Unterausschuß). Berlin: Mittler & Sohn, 1929.
24. Enquête-Ausschuß. Der Bankkredit. Verhandlungen und Berichte des Unterausschusses für Geld-, Kredit-und Finanzwesen. Berlin: Mittler & Sohn, 1930.
25. Enquête-Ausschuß. Untersuchung des Bankwesens 1933. Untersuchungsausschuß für das Bankwesen 1933, part 1, vols. 1 and 2, and part 2. Berlin: Carl Heymanns Verlag, 1933.
26. Feldman, Gerald D. "Jakob Goldschmidt, the History of the Banking Crisis of 1931, and the Problems of Manoevre in the Weimar Economy." In Zerrissene Zwischenkriegszeit. Wirtschaftshistorische Beiträge, edited by Christoph Buchheim, Michael Hutter, and Harold James, 307-27. Baden-Baden: Nomos Verlagsgesellschaft, 1994.
27. Feldman, Gerald D. "Die Deutsche Bank vom Ersten Weltkrieg bis zur Weltwirtschaftskrise 1914-1933." In Die Deutsche Bank 1870-1995, edited by Lothar Gall, Gerald D.
28. Feldman, Harold James, Carl-Ludwig Holtfrerich, and Hans E. Büschgen, 137-314. München: Beck, 1995.
29. Ferguson, Thomas, and Peter Temin. "Made in Germany: the German Currency Crisis of July 1931." Research in Economic History 21 (2003): 1-53.
30. Flood, Robert P., and Nancy Marion. "A Model of the Joint Distribution of Banking and Exchange-Rate Crises." International Monetary Fund Working Paper No. 01/213, Washington, DC, 2001.
31. Glick, Reuven, and Michael Hutchison. "Banking and Currency Crises: How Common are Twins?" Pacific Basin Working Paper No. 99-07, 1999.
32. Gold, Ernst Adolf. "Die Bankinsolvenzen seit der Stabilisierung und ihre Ursachen." Zeitschrift für handelswissenschaftliche Forschung 25 (1931), 450-71.
33. Goldfajn, Ilan, and Rodrigo O. Valdés. "Capital Flows and the Twin Crises: The Role of Liquidity." International Monetary Fund Working Paper No. 97/87, Washington, DC, 1997.
34. Guinnane, Timothy W. "Delegated Monitors, Large and Small: Germany's Banking System, 1800-1914." Journal of Economic Literature 40, no. 1 (2002): 73-124.
35. Hardach, Gerd. Weltmarktorientierung und relative Stagnation: Währungspolitik in Deutschland 1924-1931. Berlin: Duncker Humblot, 1976.
36. Hardach, Gerd. "Zwischen Markt und Macht: Die deutschen Banken 1908-1934." In Wirtschaft, Gesellschaft, Unternehmen, edited by W. Feldenkirchen, F. Schönert-Röhlk, and G. Schulz, Vierteljahresschrift für Sozial- und Wirtschaftsgeschichte, Beiheft 120, 914-38. 1995.
37. Heyde, Philipp. Das Ende der Reparationen: Deutschland, Frankreich und der Youngplan 1929-1932. Paderborn, München, Wien, Zürich: Schöningh, 1998.
38. Institut für Konjunkturforschung. Konjunkturstatistisches Handbuch 1933. Hamburg: Hanseatische Verlags-Anstalt, 1933.
39. Heyde, Philipp. Konjunkturstatistisches Handbuch 1936. Hamburg: Hanseatische Verlags-Anstalt, 1936.
40. James, Harold. "The Causes of the German Banking Crisis of 1931." Economic History Review 38 (1984): 68-87.
41. James, Harold. The Reichsbank and Public Finance in Germany 1924-1933: A Study of the Politics of Economics during the Great Depression. Frankfurt am Main: Fritz Knapp Verlag, 1985.
42. James, Harold. The German Slump: Politics and Economics, 1924-1936. Oxford: Clarendon Press, 1986.
43. James, Harold. "Die Reichsbank 1876 bis 1945." In Fünfzig Jahre Deutsche Mark: Notenbank und Währung in Deutschland seit 1948, edited by Deutsche Bundesbank. München: C.H. Beck'sche Verlagsbuchhandlung (Oscar Beck), 1998.
44. James, Harold. The End of Globalization: Lessons from the Great Depression. Cambridge, MA: Harvard University Press, 2001.
45. Kaminsky, Graciella L., and Carmen M. Reinhart. "The Twin Crises: The Causes of Banking and Balance-of-Payment Problems." American Economic Review 89, no. 3 (1999): 473-500.
46. Keeley, Michael C. "Deposit Insurance, Risk, and Market Power in Banking." American Economic Review 80, no. 5 (1990): 1183-200.
47. Kindleberger, Charles P. The World in Depression 1929-1939, 2nd edition. Berkeley: University of California Press, 1986.
48. Krugman, Paul. "What happened to Asia?" Mimeo, 1998.
49. Krugman, Paul. "Balance Sheets, the Transfer Problem, and Financial Crises." International Tax and Public Finance 6, no. 4, (1999): 459-72.
50. Lüke, Rolf E. Die Berliner Handels-Gesellschaft in einem Jahrhundert deutscher Wirtschaft 1856-1956. Berlin: Brüder Hartmann, 1956.
51. Lüke, Rolf E. Von der Stabilisierung zur Krise. Zürich: Polygraphischer Verlag, 1958.
52. Luther, Hans. Vor dem Abgrund. Frankfurt am Main, Berlin: Verlag Ullstein, 1964.
53. Magazin der Wirtschaft, various dates.
54. Miller, Victoria. "Speculative Currency Attacks with Endogenously Induced Commercial Bank Crises" Journal of International Money and Finance 15, no. 3 (1996): 383-403.
55. Petri, Martin H. "The Causes of the German Banking Crisis of July 1931 Viewed from Bank Balance Sheets and the Contemporary Financial Press." Ph.D. diss., University of California, Berkeley, 1998.
56. Priester, Hans E. Das Geheimnis des 13. Juli: ein Tatsachenbericht von der Bankenkrise. Berlin: Stilke, 1932.
57. Ritschl, Albrecht. Deutschlands Krise und Konjunktur 1924-1934: Binnenkonjunktur, Auslandsverschuldung und Reparationsproblem zwischen Dawes-Plan und Transfersperre, Jahrbuch für Wirtschaftsgeschichte, Beiheft 2. Berlin: Akademie Verlag, 2002.
58. Schneider, Martin, and Aaron Tornell. "Balance Sheet Effects, Bailout Guarantees and Financial Crises." NBER Working Paper No. 8060, Cambridge, MA, 2000.
59. Schubert, Aurel. The Credit-Anstalt Crisis of 1931. New York: Cambridge University Press, 1991.
60. Schuker, Stephen A. American "Reparations " to Germany, 1919-33: Implications for the Third-World Debt Crisis. Princeton, NJ: Princeton Studies in International Finance, 1988.
61. Spoerer, Mark. "Weimar's Investment and Growth Record in Intertemporal and International Perspective." European Review of Economic History 1, no. 3 (1997): 271-97.
62. Stucken, Rudolf. "Die deutsche Bankenkrise von 1931." Kredit und Kapital 1 (1968): 390-404.
63. Temin, Peter. Did Monetary Forces Cause the Great Depression? New York: Norton, 1976.
64. Temin, Peter. Lessons from the Great Depression. Cambridge, MA: MIT Press, 1989.
65. Tilly, Richard H. "German Banking, 1850-1914: Development Assistance to the Strong." Journal of European Economic History 15, no. 1 (1986): 113-52.
66. Velasco, Andrés. "Financial Crises and Balance of Payment Crises: A Simple Model of the Southern Cone Experience." Journal of Development Economics 27, no. 1-2 (1987): 263-83.
67. Wirtschaftskurve, Die, April 1931.