The Credit-Anstalt Crisis of 1931

The Credit-Anstalt Crisis of 1931

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Shubert analyses the impact of the Austrian 1931 financial crisis on Europe and the Great Depression, by analysing it using theories of financial crises, identifying the causes of the crisis, and examining the market's efficiency in predicting events. He also analyses how the crisis was transmitted to the real sector, and studies the behaviour of the Austrian as well as international authorities.In 1983, when I started this research project, the topic seemed primarily of historical and academic interest, as one episode in financial history that has often been cited but never really investigated. At that time, banking crises, supervisory anbsp;...

Title:The Credit-Anstalt Crisis of 1931
Author: Aurel Schubert
Publisher:Cambridge University Press - 1991

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