The Postmodern Bank Safety Net:: Lessons from Developed and Developing Economies

by Charles W. Calomiris

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Federal deposit insurance may be "the single most destabilizing influence in the financial system," says economist Charles W. Calomiris in a new study published by AEI. Market discipline provides a better bank safety net than government insurance, he concludes.

The Postmodern Bank Safety Net: Lessons from Developed and Developing Economies shows how government deposit insurance subsidizes the risks taken by banks. Weak banks deliberately...

Format:Paperback

Language:English

ISBN:0844771007

ISBN13:9780844771007

Release Date:December 1997

Publisher:AEI Press

Length:56 Pages

Weight:0.19 lbs.

Dimensions:0.1" x 5.5" x 8.5"

Related Subjects

Banks & Banking Business Business & Investing Industries & Professions

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The Postmodern Bank Safety Net:: Lessons from Developed and Developing Economies

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