Liquiditäts- oder Solvabilitätsnormen für Banken?
Zu den Anfängen eines Paradigmenwechsels und zur Einführung von Solvabilitätsnormen zwischen 1850 und 1934

Author: Körnert, Jan

Source: Vierteljahrschrift für Sozial- und Wirtschaftsgeschichte, Volume 99, Number 2, April 2012 , pp. 171-188(18)

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Abstract:

Banking inherently involves risks which may jeopardise liquidity and solvency, both of which are essential to institutional existence. Banking standards, and in particular liquidity and insolvency standards, have a long tradition dating back to the 19th century or even earlier. This paper examines the rise of liquidity and solvency standards for banks, focusing especially on the shift in regulatory paradigm between 1850 and 1934 which resulted in the introduction of solvency standards. This pivotal historical period, which began with the increasing role of deposit taking in bank capitalisation, culminated with the passage of the German Banking Act in late 1934.

Document Type: Research article

Publication date: 2012-04-01

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Founded in 1903, Vierteljahrschrift für Sozial- und Wirtschaftsgeschichte is the oldest German periodical of social and economic history. The international, peer-reviewed journal features original articles in German, English, French and Italian.
Today, VSWG is edited by Günther Schulz, Jörg Baten, Markus A. Denzel, Gerhard Fouquet and Hans Pohl and deals with all aspects of social history, social developments from the Middle Ages to today, as well as history of finance and economic history.