[Pdf free] Regulation and Instability in U.S. Commercial Banking: A History of Crises (Palgrave Macmillan Studies in Banking and Financial Institutions)






 | #2778308 in eBooks |  2010-12-08 |  2010-12-08 | File Name: B009ABY6IM


||About the Author|JILL M. HENDRICKSON Visiting Associate Professor at the University of St. Thomas, USA. Previously, she held the Frank Wilson Endowed Chair of Political Economy at the University of the South, USA. She has published her research on banking regul

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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