@briankturner101 @financialhist There is a paper in @EcHistSocReview that focussed on this growth-bank idea in econ history: https://t.co/R0B6kuBFGo
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Economic History Review: 'The German bank-growth nexus revisited: savings banks and economic growth in Prussia', by Sibylle Lehmann-Hasemeyer and Fabian Wahl, on early view: https://t.co/FuI2mtq5E7 Smaller financial intermediaries contributed to industrial
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The article provides evidence that smaller, regional public financial intermediaries contributed to Germany’s industrial development, using a new data set of the foundation year and location of Prussian savings banks - full article available here https://t
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RT @EcHistSocReview: now on #earlyview and forever as #openaccess: "The German bank–growth nexus revisited: savings banks and economic grow…