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Additional Physical Format: | Online version: Litan, Robert E., 1950- What should banks do? Washington, D.C. : Brookings Institution, ©1987 (OCoLC)655168737 |
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Material Type: | Internet resource |
Document Type: | Book, Internet Resource |
All Authors / Contributors: |
Robert E Litan |
ISBN: | 0815752709 9780815752707 0815752695 9780815752691 |
OCLC Number: | 16226174 |
Description: | xi, 207 pages : illustrations ; 24 cm |
Contents: | The U.S. Financial System: A Historical Account -- An Overview of Banks and Other Financial Institutions -- Banks and the Development of Financial Services -- Constraining Banks -- The Crumbling of Bank Regulation -- Benefits from Financial Product Diversification -- Benefits from Enhanced Competition -- Economies of Scope -- Activity Diversification -- The Risks of Financial Product Deregulation -- Financial System Risks -- Aggregate Concentration -- Specific Abuses -- Policy Alternatives -- The Case for Structural Separation -- Reducing the Risks of Financial Product Diversification Piecemeal -- A Comprehensive Approach to Financial Product Diversification -- Distinguishing Benefits of Added Competition from Economies of Scope -- Estimating the Reduction in Risk from Financial Product Diversification. |
Responsibility: | Robert E. Litan. |
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