The Credit-Anstalt Crisis of 1931

The Credit-Anstalt Crisis of 1931

by Aurel Schubert

205 pages· 1991· ISBN 9780521365376

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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.

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