Econ Papers Daily / 期刊论文
银行与经济：来自1966年爱尔兰银行罢工的证据
Banks and the economy: Evidence from the Irish bank strike of 1966
摘要
This paper studies the macroeconomic impact of the Irish bank strike of 1966, which led to the closure of the major commercial banks for 3 months. We collect a variety of new evidence, such as high‐frequency macro data, economic forecasts, micro data and narrative sources. Our findings suggest that the bank strike was associated with a shortfall in economic activity that punctuated a decade of robust growth. The qualitative evidence depicts the struggles of households and firms managing a credit crunch, a liquidity shock, and rising transaction costs. This case study highlights the importance of banks for economic performance.
中文摘要
本文研究了1966年爱尔兰银行罢工的宏观经济影响，此次罢工导致主要商业银行关闭了3个月。我们收集了各种新证据，如高频宏观数据、经济预测、微观数据和叙事性资料。我们的研究结果表明，银行罢工与经济活动的短缺有关，这打断了一个强劲增长的十年。定性证据描述了家庭和企业在应对信贷紧缩、流动性冲击和交易成本上升方面的困境。本案例研究凸显了银行对经济表现的重要性。