Natacha Postel‐vinay
Biographic Data
| ID | 1124425 |
|---|---|
| NAME | Natacha Postel‐vinay |
| GIVEN NAMES | Natacha |
| FAMILY NAME | Postel‐vinay |
| SIGNATURE | VINAY N P |
| AFFILIATIONS | London School of Economics and Political Science |
| VERIFIED | No |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 11 |
| AUTHOR COUNT | 3 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2016 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 1 |
Hot money inflows and bank risk-taking: Germany from the 1920s to the Great Depression
This paper explores the origins of German banks' risk-taking in the years preceding the 1931 crisis. The 1920s were marked by a large and prolonged increase in capital flows into Germany, chiefly from the United States and the United Kingdom. This coincided, at the individual bank level, with a rise in leverage and a fall in liquidity. We examine possible connections between the two phenomena. Our analysis is based on a combination of historiogra…
Debt dilution in 1920s America: Lighting the Fuse of a Mortgage Crisis
The idea that real estate could have contributed to banking crises during the Great Depression has been downplayed due to the conservatism of mortgage contracts at the time. For instance, loan-to-value ratios often did not exceed 50 per cent. Using newly discovered archival documents and data from 1934, this article uncovers a darker side of 1920s US mortgage lending: the so-called 'second mortgage system'. As borrowers often could not make a 50 …
What Caused Chicago Bank Failures in the Great Depression? A Look at the 1920s
This article reassesses the causes of Chicago state bank failures during the Great Depression by tracking the evolution of their balance sheets in the 1920s. I find that all banks suffered tremendous deposit withdrawals; however banks that failed earlier in the 1930s had invested more in mortgages in the 1920s. The main problem with mortgages was their lack of liquidity, not their quality. Banks heavily engaged in mortgages did not have enough li…
What Caused Chicago Bank Failures in the Great Depression? A Look at the 1920s
This article reassesses the causes of Chicago state bank failures during the Great Depression by tracking the evolution of their balance sheets in the 1920s. I find that all banks suffered tremendous deposit withdrawals; however banks that failed earlier in the 1930s had invested more in mortgages in the 1920s. The main problem with mortgages was their lack of liquidity, not their quality. Banks heavily engaged in mortgages did not have enough li…
Hot money inflows and bank risk-taking: Germany from the 1920s to the Great Depression
This paper explores the origins of German banks' risk-taking in the years preceding the 1931 crisis. The 1920s were marked by a large and prolonged increase in capital flows into Germany, chiefly from the United States and the United Kingdom. This coincided, at the individual bank level, with a rise in leverage and a fall in liquidity. We examine possible connections between the two phenomena. Our analysis is based on a combination of historiogra…
Debt dilution in 1920s America: Lighting the Fuse of a Mortgage Crisis
The idea that real estate could have contributed to banking crises during the Great Depression has been downplayed due to the conservatism of mortgage contracts at the time. For instance, loan-to-value ratios often did not exceed 50 per cent. Using newly discovered archival documents and data from 1934, this article uncovers a darker side of 1920s US mortgage lending: the so-called 'second mortgage system'. As borrowers often could not make a 50 …
What Caused Chicago Bank Failures in the Great Depression? A Look at the 1920s
This article reassesses the causes of Chicago state bank failures during the Great Depression by tracking the evolution of their balance sheets in the 1920s. I find that all banks suffered tremendous deposit withdrawals; however banks that failed earlier in the 1930s had invested more in mortgages in the 1920s. The main problem with mortgages was their lack of liquidity, not their quality. Banks heavily engaged in mortgages did not have enough li…
Debt dilution in 1920s America: Lighting the Fuse of a Mortgage Crisis
The idea that real estate could have contributed to banking crises during the Great Depression has been downplayed due to the conservatism of mortgage contracts at the time. For instance, loan-to-value ratios often did not exceed 50 per cent. Using newly discovered archival documents and data from 1934, this article uncovers a darker side of 1920s US mortgage lending: the so-called 'second mortgage system'. As borrowers often could not make a 50 …
Hot money inflows and bank risk-taking: Germany from the 1920s to the Great Depression
This paper explores the origins of German banks' risk-taking in the years preceding the 1931 crisis. The 1920s were marked by a large and prolonged increase in capital flows into Germany, chiefly from the United States and the United Kingdom. This coincided, at the individual bank level, with a rise in leverage and a fall in liquidity. We examine possible connections between the two phenomena. Our analysis is based on a combination of historiogra…
Banking stability, regulation, efficiency (3 works) · Business (3 works) · Economics (3 works) · Financial system (3 works) · Market liquidity (3 works) · Political science (3 works) · Finance (2 works) · Finance (2 works) · Great Depression (2 works) · Housing Market and Economics (2 works)