Regulation and Instability in U.S. Commercial Banking
Author | : Jill M. Hendrickson |
Publisher | : Springer |
Total Pages | : 313 |
Release | : 2015-12-04 |
ISBN-10 | : 9780230295131 |
ISBN-13 | : 0230295134 |
Rating | : 4/5 (134 Downloads) |
Download or read book Regulation and Instability in U.S. Commercial Banking written by Jill M. Hendrickson and published by Springer. This book was released on 2015-12-04 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.