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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Social Value of the Financial Sector, The: Too Big to Fail or Just Too Big?

Social Value of the Financial Sector, The: Too Big to Fail or Just Too Big?

Acharya, Viral V.
Beck, Thorsten
Evanoff, Douglas D.

Hardcover

Series: Ws Studies in International Economics, Book 29

EconomicsInvesting & FinancePhysics

ISBN10: 9814520284
ISBN13: 9789814520287
Publisher: World Scientific Publishing Company
Published: Dec 9 2013
Pages: 536
Weight: 1.95
Height: 1.30 Width: 6.10 Depth: 9.00
Language: English
As a result of the recent financial crisis, there has been significant public debate on the role of the financial sector in bringing about the Great Depression. More generally, there has been debate about whether the current industry structure has enhanced social welfare or served a detrimental role.This book is a collection of papers presented at the conference held at the Federal Reserve Bank of Chicago, in November 2012 that examined the social value of the financial sector as currently structured. Issues evaluated include what are the perceived benefits and costs of the current financial system? How valuable have industry innovations been for society? Should regulation be used to move the industry in a direction thought to be more valuable for society? Should big banks be broken up? What are the welfare implications of the current industry structure? In the book, leading industry scholars debate these issues with a goal of influencing public policy toward the industry.

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