A Comparison of the United States and Canadian Banking Systems in the Twentieth Century: Stability vs. Efficiency? /
This paper asks whether the vaunted comparative stability of the Canadian banking system has been purchased at the cost of creating an oligopoly. We assembled a data set that compares bank failures, lending rates, interest paid on deposits and related variables over the period 1920 to 1980. Our pr...
Gespeichert in:
- Weitere Titel:
- A Comparison of the United States and Canadian Banking Systems in the Twentieth Century
- 1. Verfasser:
- Körperschaft:
- Weitere Verfasser:
- ,
- Format:
- Elektronisch E-Book
- Sprache:
- Englisch
- Veröffentlicht:
-
Cambridge, Mass.
National Bureau of Economic Research
1993.
- Zusammenfassung:
-
This paper asks whether the vaunted comparative stability of the Canadian banking system has been purchased at the cost of creating an oligopoly. We assembled a data set that compares bank failures, lending rates, interest paid on deposits and related variables over the period 1920 to 1980. Our principal findings are that: (1) interest rates paid on deposits were generally higher in Canada; (2) interest income received on securities was generally slightly higher in Canada; (3) interest rates charged on loans were generally quite similar; (4) net rates of return to equity were generally higher in Canada than in the U.S..
- Umfang:
- 1 online resource: illustrations (black and white);
- Anmerkungen:
- November 1993.
- Schlagworte: