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Regulation and Instability in U.S. Commercial Banking

- A History of Crises

Bag om Regulation and Instability in U.S. Commercial Banking

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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  • Sprog:
  • Engelsk
  • ISBN:
  • 9781349327812
  • Indbinding:
  • Paperback
  • Sideantal:
  • 296
  • Udgivet:
  • 1. januar 2011
  • Udgave:
  • 12011
  • Størrelse:
  • 152x229x17 mm.
  • Vægt:
  • 475 g.
  • 8-11 hverdage.
  • 7. december 2024
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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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