Regulation and Instability in U.S. Commercial Banking: A History of Crises by Ji

Regulation and Instability in U.S. Commercial Banking by Jill M. Hendrickson

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Format Hardcover

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Description 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.

Publisher Description

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.

Author Biography

JILL M. HENDRICKSON Visiting Associate Professor at the University of St. Thomas, USA. Previously, she held the Frank Wilson Endowed Chair of Political Economy at the University of the South, USA. She has published her research on banking regulation in The Journal of Economic History, and The Quarterly Review of Economics and Finance, among other journals.

Details ISBN 0230280668 ISBN-13 9780230280663 Title Regulation and Instability in U.S. Commercial Banking Author Jill M. Hendrickson Format Hardcover Year 2010 Pages 296 Publisher Palgrave Macmillan GE_Item_ID:137767828; About Us

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