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

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

Paperback

Series: Palgrave MacMillan Studies in Banking and Financial Institut

AccountingEconomicsInvesting & Finance

ISBN10: 1349327816
ISBN13: 9781349327812
Publisher: Springer Nature
Published: Jan 1 2011
Pages: 296
Weight: 0.93
Height: 0.66 Width: 6.00 Depth: 9.00
Language: English
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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