Existing scholarship attributes various political and economic advantages to democratic
governance. These advantages may make more democratic countries prone to financial …

This paper revisits the Swedish banking crisis (1919–1926) that materialized as post-war
deflation replaced wartime inflation (1914–1918). Inspired by Fisher's “debt deflation theory,” …

The Freemasons created a hidden and closed business elite in Finland, whose banking
industry's financial interlocks occurred mainly during the 1960s and the 2000s. Financial …

This study analyses the relationship between lending growth, leverage, and distress at the
individual bank level for interwar Italy, which experienced remarkable credit expansion in …

This paper employs quantitative and qualitative methods to examine the link between
banking competition, branching and financial distress during the interwar period in Europe …

This paper employs quantitative and qualitative methods to examine the link between
overbanking, banking competition, and financial distress during the interwar period in …

Abstract In early April 1929, eight Swedish savings banks were declared insolvent and
closed due to economic crimes committed by some of their founders. After the crash, the …

This article traces the developments in the market for residential mortgage-backed securities
(MBS) during the period 1970–2008. Drawing on an analysis of trade publications, business …

Incidental music of the early twentieth-century has received little musicological attention,
despite its widespread use during this period of history. Theatres were a popular means by …

This paper is a first attempt to make a comparative analysis of Swedish banking crises over
time—focusing on how the crises were handled. The empirical material is also compared to …