Glass-Steagall: A Requiem

This paper is a discussion of monetary efficiency, monetary safety, and the relation of the 1933 Glass-Steagall Act to both. It contains speculation about whether a modified version of the Act could have postponed or prevented the crisis of 2008. [PUBLICATION ABSTRACT]

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:The American economic review 2013-05, Vol.103 (3), p.43-47
1. Verfasser: Lucas, Robert E.
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page 47
container_issue 3
container_start_page 43
container_title The American economic review
container_volume 103
creator Lucas, Robert E.
description This paper is a discussion of monetary efficiency, monetary safety, and the relation of the 1933 Glass-Steagall Act to both. It contains speculation about whether a modified version of the Act could have postponed or prevented the crisis of 2008. [PUBLICATION ABSTRACT]
doi_str_mv 10.1257/aer.103.3.43
format Article
fullrecord <record><control><sourceid>jstor_proqu</sourceid><recordid>TN_cdi_proquest_miscellaneous_1418120585</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><jstor_id>23469701</jstor_id><sourcerecordid>23469701</sourcerecordid><originalsourceid>FETCH-LOGICAL-c382t-83ef3d160ad26936a4d53e36a9ddf787fe6598ce856e9beb511315fd0d79364f3</originalsourceid><addsrcrecordid>eNpd0E1LAzEQBuAgCtbqzYsHoeDFg7tmMslu4q0UrUJB8OMc0s2sbNl222T34L83peLB0zsDD8PwMnYJPAehyntHIQeOOeYSj9gIjJRZaTQcsxHnXGRaaHHKzmJc8f0O5YhdzVsXY_bek_tybfswmU7eaDc0tD5nJ7VrI1385ph9Pj1-zJ6zxev8ZTZdZBVq0WcaqUYPBXdeFAYLJ71CSmm8r0td1lQooyvSqiCzpKUCQFC1575MWtY4ZreHu9vQ7QaKvV03saK2dRvqhmhBggbBlVaJ3vyjq24Im_SdBVTIDSrQSd0dVBW6GAPVdhuatQvfFrjd92RTT2lGi1Zi4tcHvop9F_6sQFmYkgP-AGSfYWM</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1353093518</pqid></control><display><type>article</type><title>Glass-Steagall: A Requiem</title><source>Business Source Complete</source><source>Jstor Complete Legacy</source><source>American Economic Association Web</source><creator>Lucas, Robert E.</creator><creatorcontrib>Lucas, Robert E.</creatorcontrib><description>This paper is a discussion of monetary efficiency, monetary safety, and the relation of the 1933 Glass-Steagall Act to both. It contains speculation about whether a modified version of the Act could have postponed or prevented the crisis of 2008. [PUBLICATION ABSTRACT]</description><identifier>ISSN: 0002-8282</identifier><identifier>EISSN: 1944-7981</identifier><identifier>DOI: 10.1257/aer.103.3.43</identifier><identifier>CODEN: AENRAA</identifier><language>eng</language><publisher>Nashville: American Economic Association</publisher><subject>100 percent reserve banking ; Bank liquidity ; Bank reserves ; Banking industry ; Banking legislation ; Banking regulation ; Cash ; Cash management ; Checking accounts ; Commercial banks ; Consumption ; Cost efficiency ; Cost estimates ; Economic crisis ; Economic efficiency ; Equilibrium ; Financial speculation ; Fractional reserve banking ; GDP ; Glass-Steagall Act 1933-US ; Gross Domestic Product ; Households ; Interest rates ; Liquidity ; Monetary relations ; Monetary systems ; REFLECTIONS ON THE 100TH ANNIVERSARY OF THE FEDERAL RESERVE ; Regulation Q ; Wall Street Reform &amp; Consumer Protection Act 2010-US</subject><ispartof>The American economic review, 2013-05, Vol.103 (3), p.43-47</ispartof><rights>Copyright© 2013 The American Economic Association</rights><rights>Copyright American Economic Association May 2013</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c382t-83ef3d160ad26936a4d53e36a9ddf787fe6598ce856e9beb511315fd0d79364f3</citedby><cites>FETCH-LOGICAL-c382t-83ef3d160ad26936a4d53e36a9ddf787fe6598ce856e9beb511315fd0d79364f3</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/23469701$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/23469701$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,776,780,799,3734,27903,27904,57995,58228</link.rule.ids></links><search><creatorcontrib>Lucas, Robert E.</creatorcontrib><title>Glass-Steagall: A Requiem</title><title>The American economic review</title><description>This paper is a discussion of monetary efficiency, monetary safety, and the relation of the 1933 Glass-Steagall Act to both. It contains speculation about whether a modified version of the Act could have postponed or prevented the crisis of 2008. [PUBLICATION ABSTRACT]</description><subject>100 percent reserve banking</subject><subject>Bank liquidity</subject><subject>Bank reserves</subject><subject>Banking industry</subject><subject>Banking legislation</subject><subject>Banking regulation</subject><subject>Cash</subject><subject>Cash management</subject><subject>Checking accounts</subject><subject>Commercial banks</subject><subject>Consumption</subject><subject>Cost efficiency</subject><subject>Cost estimates</subject><subject>Economic crisis</subject><subject>Economic efficiency</subject><subject>Equilibrium</subject><subject>Financial speculation</subject><subject>Fractional reserve banking</subject><subject>GDP</subject><subject>Glass-Steagall Act 1933-US</subject><subject>Gross Domestic Product</subject><subject>Households</subject><subject>Interest rates</subject><subject>Liquidity</subject><subject>Monetary relations</subject><subject>Monetary systems</subject><subject>REFLECTIONS ON THE 100TH ANNIVERSARY OF THE FEDERAL RESERVE</subject><subject>Regulation Q</subject><subject>Wall Street Reform &amp; Consumer Protection Act 2010-US</subject><issn>0002-8282</issn><issn>1944-7981</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2013</creationdate><recordtype>article</recordtype><sourceid>8G5</sourceid><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNpd0E1LAzEQBuAgCtbqzYsHoeDFg7tmMslu4q0UrUJB8OMc0s2sbNl222T34L83peLB0zsDD8PwMnYJPAehyntHIQeOOeYSj9gIjJRZaTQcsxHnXGRaaHHKzmJc8f0O5YhdzVsXY_bek_tybfswmU7eaDc0tD5nJ7VrI1385ph9Pj1-zJ6zxev8ZTZdZBVq0WcaqUYPBXdeFAYLJ71CSmm8r0td1lQooyvSqiCzpKUCQFC1575MWtY4ZreHu9vQ7QaKvV03saK2dRvqhmhBggbBlVaJ3vyjq24Im_SdBVTIDSrQSd0dVBW6GAPVdhuatQvfFrjd92RTT2lGi1Zi4tcHvop9F_6sQFmYkgP-AGSfYWM</recordid><startdate>20130501</startdate><enddate>20130501</enddate><creator>Lucas, Robert E.</creator><general>American Economic Association</general><scope>AAYXX</scope><scope>CITATION</scope><scope>0-V</scope><scope>3V.</scope><scope>7WY</scope><scope>7WZ</scope><scope>7X7</scope><scope>7XB</scope><scope>87Z</scope><scope>88C</scope><scope>88E</scope><scope>88J</scope><scope>8BJ</scope><scope>8FI</scope><scope>8FJ</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ALSLI</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FQK</scope><scope>FRNLG</scope><scope>FYUFA</scope><scope>F~G</scope><scope>GHDGH</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>JBE</scope><scope>K60</scope><scope>K6~</scope><scope>K9.</scope><scope>L.-</scope><scope>M0C</scope><scope>M0S</scope><scope>M0T</scope><scope>M1P</scope><scope>M2O</scope><scope>M2R</scope><scope>MBDVC</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>Q9U</scope></search><sort><creationdate>20130501</creationdate><title>Glass-Steagall: A Requiem</title><author>Lucas, Robert E.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c382t-83ef3d160ad26936a4d53e36a9ddf787fe6598ce856e9beb511315fd0d79364f3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2013</creationdate><topic>100 percent reserve banking</topic><topic>Bank liquidity</topic><topic>Bank reserves</topic><topic>Banking industry</topic><topic>Banking legislation</topic><topic>Banking regulation</topic><topic>Cash</topic><topic>Cash management</topic><topic>Checking accounts</topic><topic>Commercial banks</topic><topic>Consumption</topic><topic>Cost efficiency</topic><topic>Cost estimates</topic><topic>Economic crisis</topic><topic>Economic efficiency</topic><topic>Equilibrium</topic><topic>Financial speculation</topic><topic>Fractional reserve banking</topic><topic>GDP</topic><topic>Glass-Steagall Act 1933-US</topic><topic>Gross Domestic Product</topic><topic>Households</topic><topic>Interest rates</topic><topic>Liquidity</topic><topic>Monetary relations</topic><topic>Monetary systems</topic><topic>REFLECTIONS ON THE 100TH ANNIVERSARY OF THE FEDERAL RESERVE</topic><topic>Regulation Q</topic><topic>Wall Street Reform &amp; Consumer Protection Act 2010-US</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Lucas, Robert E.</creatorcontrib><collection>CrossRef</collection><collection>ProQuest Social Sciences Premium Collection</collection><collection>ProQuest Central (Corporate)</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>Health &amp; Medical Collection</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>Healthcare Administration Database (Alumni)</collection><collection>Medical Database (Alumni Edition)</collection><collection>Social Science Database (Alumni Edition)</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>Hospital Premium Collection</collection><collection>Hospital Premium Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>Research Library (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Social Science Premium Collection</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>International Bibliography of the Social Sciences</collection><collection>Business Premium Collection (Alumni)</collection><collection>Health Research Premium Collection</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>Health Research Premium Collection (Alumni)</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep</collection><collection>International Bibliography of the Social Sciences</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ProQuest Health &amp; Medical Complete (Alumni)</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Global</collection><collection>Health &amp; Medical Collection (Alumni Edition)</collection><collection>Healthcare Administration Database</collection><collection>Medical Database</collection><collection>Research Library</collection><collection>Social Science Database</collection><collection>Research Library (Corporate)</collection><collection>ProQuest One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central Basic</collection><jtitle>The American economic review</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Lucas, Robert E.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Glass-Steagall: A Requiem</atitle><jtitle>The American economic review</jtitle><date>2013-05-01</date><risdate>2013</risdate><volume>103</volume><issue>3</issue><spage>43</spage><epage>47</epage><pages>43-47</pages><issn>0002-8282</issn><eissn>1944-7981</eissn><coden>AENRAA</coden><abstract>This paper is a discussion of monetary efficiency, monetary safety, and the relation of the 1933 Glass-Steagall Act to both. It contains speculation about whether a modified version of the Act could have postponed or prevented the crisis of 2008. [PUBLICATION ABSTRACT]</abstract><cop>Nashville</cop><pub>American Economic Association</pub><doi>10.1257/aer.103.3.43</doi><tpages>5</tpages></addata></record>
fulltext fulltext
identifier ISSN: 0002-8282
ispartof The American economic review, 2013-05, Vol.103 (3), p.43-47
issn 0002-8282
1944-7981
language eng
recordid cdi_proquest_miscellaneous_1418120585
source Business Source Complete; Jstor Complete Legacy; American Economic Association Web
subjects 100 percent reserve banking
Bank liquidity
Bank reserves
Banking industry
Banking legislation
Banking regulation
Cash
Cash management
Checking accounts
Commercial banks
Consumption
Cost efficiency
Cost estimates
Economic crisis
Economic efficiency
Equilibrium
Financial speculation
Fractional reserve banking
GDP
Glass-Steagall Act 1933-US
Gross Domestic Product
Households
Interest rates
Liquidity
Monetary relations
Monetary systems
REFLECTIONS ON THE 100TH ANNIVERSARY OF THE FEDERAL RESERVE
Regulation Q
Wall Street Reform & Consumer Protection Act 2010-US
title Glass-Steagall: A Requiem
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-25T09%3A15%3A27IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-jstor_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Glass-Steagall:%20A%20Requiem&rft.jtitle=The%20American%20economic%20review&rft.au=Lucas,%20Robert%20E.&rft.date=2013-05-01&rft.volume=103&rft.issue=3&rft.spage=43&rft.epage=47&rft.pages=43-47&rft.issn=0002-8282&rft.eissn=1944-7981&rft.coden=AENRAA&rft_id=info:doi/10.1257/aer.103.3.43&rft_dat=%3Cjstor_proqu%3E23469701%3C/jstor_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1353093518&rft_id=info:pmid/&rft_jstor_id=23469701&rfr_iscdi=true