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bailout 1 bank run 1 bankruptcy 1 contagion 1 forbearance policy 1 illiquidity 1 inefficient panic 1 insolvency 1 lender of last resort 1 prudential supervision 1 too big to fail 1
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Lacoue-Labarthe, Dominique 1
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Revue d'économie politique 1
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La France a-t-elle connu des paniques bancaires inefficientes ?. Une analyse exploratoire de la crise des années trente
Lacoue-Labarthe, Dominique - In: Revue d'économie politique 115 (2005) 5, pp. 633-656
association with a rather timid action of Banque de France (hindered by numerous conflicts of interests), but its forbearance … policy addressed banks too important to fail, which eventually failed because they were insolvent. On the contrary, access to …
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