Liquidity crisis or Solvency crisis

経済史の論文で1930年代の大恐慌に関する銀行破綻の論文を読んだ、後で調べたらこの議論は結構面白がったので、一旦いくつの関連文章を記録する:

Basic knowledge:

How do banks become insolvent and the importance of deposit insurance

Bank capital and liquidity

Bank Runs

2008 crisis:

2008: Liquidity crisis, or solvency crisis? (*Noah introduced loads of related researches.)

Bank Assets and Bank Runs

1930s crisis and now:

The Problem Was Never Liquidity, But Insolvency … And We Should Let Insolvent Banks Fail (Friedman and Schwartz hypothesis)

LESSONS OF THE GREAT DEPRESSION

Causes of U.S. Bank Distress During the Depression

Balance Sheet Crises: Causes, Consequences, and Responses

The banking panics in the United States in the 1930s: some lessons for today

Liquidity traps and large-scale financial crises

 

 

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