The German bank-growth nexus revisited
Savings banks and economic growth in Prussia
Bibliographic Data
| ID | 3539692 |
|---|---|
| Authors | Sibylle Lehmann-Hasemeyer (0000-0002-5645-5923, University of Hohenheim, corresponding author), Sibylle Lehmann‐hasemeyer (University of Hohenheim), Fabian Wahl (0000-0002-3479-7762, University of Hohenheim, corresponding author) |
| Year | 2021 |
| Volume | 74 |
| Issue | 1 |
| Pages | 204-222 |
| Publication date | 2021-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic History Review (JOURNAL) |
| Journal identifiers | ISSN: 0013-0117 • E-ISSN: 1468-0289 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/ehr.13030 |
| OpenAlex | W3091284035 |
| Language | EN |
| Citations received | 2 |
| References cited | 37 |
This article provides evidence that smaller, regional public financial intermediaries contributed to Germany's industrial development, using a new dataset of the foundation year and location of Prussian savings banks. This extends the bank-growth nexus beyond its traditional focus on large universal banks. Since savings banks were public financial intermediaries, our results further suggest that state intervention can be successful in the financial sector, particularly at the early stages of industrial development when capital requirements are manageable, and access to international capital markets is limited
Business · Capital (architecture) · Capital market · Economics · Financial intermediary · Financial system · German · Intermediary · International economics · Intervention (counseling) · Nexus (standard) · Public capital · Banking stability, regulation, efficiency · Engineering · Finance · Global Financial Crisis and Policies · Italy: Economic History and Contemporary Issues
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| Unique citing works | 2 |
|---|---|
| Citations per year | 1 |
| Citation span | 2024 - 2025 (2) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 2 |