Regulation and Instability in U.S. Commercial Banking A History of Crises
The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book o...
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| Format: | eBook |
| Language: | English |
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London
Palgrave Macmillan UK
2011, 2011
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| Series: | Palgrave Macmillan Studies in Banking and Financial Institutions
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| Online Access: | |
| Collection: | Springer eBooks 2005- - Collection details see MPG.ReNa |
| Summary: | The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers |
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| Physical Description: | XVI, 296 p online resource |
| ISBN: | 9780230295131 |