Séminaire du LEREPS avec Clemens Jobst (Univ. of Vienna)

Ce vendredi 16 Février dès 14h,  le LEREPS accueillera Clemens Jobst (University of Vienna) pour une présentation de son article "Economic Growth Potential and Banking Development in France during the long 19th Century" en salle MD404 à la Manufacture des Tabacs (4ème étage), 

Ce séminaire sera retransmis sur Zoom 

Clemens Jobst est, par ailleurs, professeur invité 2023 2024 de Sciences Po Toulouse. 

Résumé :

This paper studies the determinants of the local banking market of late 19th century France, explaining it by the factors that had triggered economic growth in the 19th century. The banking sector was heterogeneous with regards to the size of the branch network and coexisted with a number of shadow banks. We first study the causes of local bank market density and show that it depends on both the ability to industrialize and to develop trade services. Second, we show that this effect is heterogeneous across types of banks. While uni-branch banking developed in commercial districts, national deposit banks mostly located their branches in industrial centers.