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Regulation and Instability in U.S. Commercial Banking
- A History of Crises
- Binding:
- Paperback
- Pages:
- 296
- Published:
- December 31, 2010
- Edition:
- 12011
- Dimensions:
- 152x229x17 mm.
- Weight:
- 475 g.
Delivery:
1-2 weeks
Expected delivery: December 11, 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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