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 : Imprint: Palgrave Macmillan,
2011.
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| Series: | Palgrave Macmillan studies in banking and financial institutions.
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| Online Access: | Connect to the full text of this electronic book |
| 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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| Item Description: | Electronic resource. |
| Physical Description: | 1 online resource (XVI, 296 pages) |
| ISBN: | 9780230295131 |
| DOI: | 10.1057/9780230295131 |