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]

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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:	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
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