Regulation and Instability in U.S. Commercial Banking A History of Crises
Description
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.
Keywords
Political ScienceInternational RelationsTrade & TariffsBusiness & EconomicsIndustriesFinancial ServicesEconomicsMacroeconomicsMoney & Monetary PolicyFinanceEconomic HistoryPublic PolicyEconomic PolicyHistory & Theory
2010Book
Author(s)Jill M. Hendrickson
PublisherPalgrave Macmillan UK
ISBN9780230280663
LanguageEnglish
