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Book Categories |
| 1. | Introduction | 1 |
| 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 | |
| Conclusion | 189 | |
| Appendixes | ||
| A. | Distinguishing Benefits of Added Competition from Economies of Scope | 190 |
| B. | Estimating the Reduction in Risk from Financial Product Diversification | 193 |
| Index | 199 |
| Price | Condition | Delivery | Seller | Action |
| $99.99 | Digital |
| WonderClub |
Karl Stokes
reviewed Brooking Papers on Economic Activity 2 on June 19, 2009
Brooking Papers on Economic Activity 2
This book is garbage.
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