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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

Hardcover

Series: Palgrave MacMillan Studies in Banking and Financial Institut

AccountingEconomicsInvesting & Finance

ISBN10: 0230280668
ISBN13: 9780230280663
Publisher: Springer Nature
Published: Dec 8 2010
Pages: 296
Weight: 1.23
Height: 1.00 Width: 6.10 Depth: 9.30
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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