1 option
What should banks do? / Robert E. Litan.
- Format:
- Book
- Author/Creator:
- Litan, Robert E., 1950-
- Language:
- English
- Subjects (All):
- Banks and banking--United States.
- Banks and banking.
- United States.
- Physical Description:
- xi, 207 pages : illustrations ; 24 cm
- Place of Publication:
- Washington, D.C. : Brookings Institution, [1987]
- Contents:
- 2. The U.S. Financial System: A Historical Account 8
- An Overview of Banks and Other Financial Institutions 8
- Banks and the Development of Financial Services 12
- Constraining Banks 25
- The Crumbling of Bank Regulation 33
- 3. Benefits from Financial Product Diversification 60
- Benefits from Enhanced Competition 61
- Economies of Scope 74
- Activity Diversification 81
- 4. The Risks of Financial Product Deregulation 99
- Financial System Risks 99
- Aggregate Concentration 118
- Specific Abuses 131
- 5. Policy Alternatives 144
- The Case for Structural Separation 145
- Reducing the Risks of Financial Product Diversification Piecemeal 148
- A Comprehensive Approach to Financial Product Diversification 164
- A. Distinguishing Benefits of Added Competition from Economies of Scope 190
- B. Estimating the Reduction in Risk from Financial Product Diversification 193.
- Notes:
- Includes bibliographical references and index.
- ISBN:
- 0815752709 :
- 0815752695
- OCLC:
- 16226174
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.