Regulation and Instability in U.S. Commercial Banking: A History of Crises

Regulation and Instability in U.S. Commercial Banking: A History of Crises

Jill M. Hendrickson
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Author:  Jill M. Hendrickson
Condition:  New
Format:  Hardback
Pages:  296
Publisher:  Palgrave Macmillan
Year:  2010
ISBN:  9780230280663

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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