Siguiendo con el tema de las redes, Kris James Mitchener y Gary Richardson publicaron Network Contagion and Interbank Amplification during the Great Depression. Allí resumen "Interbank networks
amplified the contraction in lending during the Great Depression. Banking
panics induced banks in the hinterland to withdraw interbank deposits from
Federal Reserve member banks located in reserve and central reserve cities.
These correspondent banks responded by curtailing lending to businesses.
Between the peak in the summer of 1929 and the banking holiday in the winter of
1933, interbank amplification reduced aggregate lending in the U.S. economy by
an estimated 15 percent."
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