Regulation and Instability in U.S. Commercial Banking: A History of Crises (Palgrave Macmillan Studies in Banking and Financial Institutions) by Jill M. Hendrickson

Regulation and Instability in U.S. Commercial Banking: A History of Crises (Palgrave Macmillan Studies in Banking and Financial Institutions)

Jill M. Hendrickson
312 pages
Palgrave Macmillan
Dec 2010
Hardcover
Business & Investing WSBN
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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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About this book
Pages 312
Publisher Palgrave Macmillan
Published 2010
Readers 0