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Cover image for book Regulation and Instability in U.S. Commercial Banking

Regulation and Instability in U.S. Commercial Banking

A History of Crises
By:Jill M. Hendrickson
Publisher:Springer Nature
Print ISBN:9780230280663
eText ISBN:9780230295131
Edition:0
Copyright:2011
Format:Page Fidelity

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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.