Regulation and Instability in U.S. Commercial Banking

A History of Crises

Business & Finance, Finance & Investing, Banks & Banking, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions
Cover of the book Regulation and Instability in U.S. Commercial Banking by Jill M. Hendrickson, Palgrave Macmillan UK
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Author: Jill M. Hendrickson ISBN: 9780230295131
Publisher: Palgrave Macmillan UK Publication: December 8, 2010
Imprint: Palgrave Macmillan Language: English
Author: Jill M. Hendrickson
ISBN: 9780230295131
Publisher: Palgrave Macmillan UK
Publication: December 8, 2010
Imprint: Palgrave Macmillan
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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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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