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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Bibliographic Details
Main Author: Hendrickson, Jill M. (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2011.
Series:Palgrave Macmillan studies in banking and financial institutions.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
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.
Item Description:Electronic resource.
Physical Description:1 online resource (XVI, 296 pages)
ISBN:9780230295131
DOI:10.1057/9780230295131