000			01518nab a2200241 c 4500
999			_c150221 _d150221
003			ES-MaIEF
005			20250206114028.0
007			ta
008			250206t2024 xxu||||| |||| 00| 0eng d
040			_aES-MaIEF _bspa _cES-MaIEF
100	1		_972276 _aQuincy, Sarah
245	1	0	_aLoans for the "Little Fellow" _bcredit, crisis, and recovery in the great depression _c Sarah Quincy
504			_aBibliografía.
520			_aThis paper identifies how bank branching benefited local economies during the Great Depression. Using archival data and narrative evidence, I show how Bank of America's branch network in 1930s California created an internal capital market that diversified away local liquidity shortfalls, allowing the bank to maintain 49 percent higher credit growth from 1929 to 1933 than competing banks. The bank's presence mitigated cites' property value contractions and strengthened their recovery through 1940. Linked individual data show that the bank's proximity to workers hastened the transition from agricultural employment to human-capital–intensive sectors in the 1930s, generating structural change and higher wages.
650		4	_941525 _aCRISIS ECONOMICAS
650		4	_942888 _aESTADOS UNIDOS
650		4	_941783 _aDEFICIT PUBLICO
650		4	_941517 _aCREDITOS BANCARIOS
650		4	_948108 _aPRESTAMOS
650		4	_948420 _aSIGLO XX
773	0		_9172855 _oOP 234/2024/12 _tThe American Economic Review _w(IEF)103372 _x 0002-8282 _g v. 114, n.12, December 2024, p. 3905-3943.
942			_cART