Regulation and Instability in U.S. Commercial Banking

Beschreibung

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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Jill M. Hendrickson

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bank banking competition crisis Policy

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