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Regulation and Instability in U.S. Commercial Banking
- A History of Crises
- Binding:
- Hardback
- Pages:
- 296
- Published:
- December 7, 2010
- Dimensions:
- 137x223x22 mm.
- Weight:
- 476 g.
Delivery:
2-3 weeks
Expected delivery: December 14, 2024
Description of 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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