Bank networks and systemic risk in the Great Depression | VOX, CEPR Policy Portal - [https://voxeu.org/article/bank-networks-and-systemic-risk-great-depression]

Bank networks and systemic risk in the Great Depression | VOX, CEPR Policy Portal - [https://voxeu.org/article/bank-networks-and-systemic-risk-great-depression]: The Global Crisis brought attention to how connections among financial institutions may make systems more prone to crises. Turning to a major financial crisis from the past, this column uses data from the Great Depression to study risk in the commercial banking network leading up to the crisis and how the network structure influenced the outcomes. It demonstrates that when the

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