Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/springer-journals/a-credible-path-for-ending-too-big-to-fail-d4BhPVucbf
References (32)
-
Max Colchester (2013)
“Bank Bailout Blues Stall U.K. Recovery.” Wall Street Journal -
Financial Stability Oversight Council. (2013)
Financial Stability Oversight Council. 2013. 2013 Annual Report. -
Fraser Institute. (2012)
2012 Annual Report. -
(2013)
Is It Already Time to Weaken DoddFrank? -
Richard Fisher, H. Rosenblum (2013)
A Credible Path for Ending Too Big to FailBusiness Economics, 48
-
E. Holmes (2005)
On being the right sizeNature Genetics, 37
-
Richard W . Fisher (2013)
“Vanquishing Too Big to Fail.” Federal Reserve Bank of Dallas -
Deborah Solomon (2013)
“Big Banks Push Back Against Tighter Rules.” Wall Street Journal -
Susanne . Craig (2013)
“Seeking Relief -
Richard Fisher, H. Rosenblum (2012)
Vanquishing too big to fail -
(2013)
Seeking Relief, Banks Shift Risk to Murkier Corners. -
The Cost of the Wall Street-Caused Financial Collapse and Ongoing Economic Crisis is More Than $12.8 Trillion -
Financial Regulatory Reform: Financial Crisis Losses and Potential Impacts of the Dodd-Frank Act, Publication No -
(2013)
Big Banks Push Back Against Tighter Rules. -
Peer Review of Switzerland -
(2011)
Persistent Gap between Price-to-Tangible Book Ratios Data sources: Bloomberg, authors' calculations. Notes: The "big, complex" banks include -
Kenichi Ueda, Beatrice Mauro (2012)
Quantifying structural subsidy values for systemically important financial institutionsJournal of Banking and Finance, 37
-
S. Abbas, Alexander Klemm, Junhyung Park, Sukhmani Bedi (2012)
Quantifying Structural Subsidy Values for Systemically Important Financial InstitutionsInternational Monetary Fund (IMF) Research Paper Series
-
(2012)
BIS Annual Report 2011/12, pp -
Bank Bailout Blues Stall U.K. Recovery -
David . Enrich (2011)
“Banks Find Loophole on Capital Rule.” Wall Street Journal -
Why Should Taxpayers Give Big Banks $83 Billion a Year? -
Bloomberg View (2013)
“Why Should Taxpayers Give Big Banks $83 Billion a Year?” Bloomberg -
James Gwartney, R. Lawson, Joshua Hall (2013)
Economic freedom of the world -
Mike . Konczal (2013)
“Is It Already Time to Weaken Dodd-Frank?” The Washington Post -
Alan Zibel (2013)
“Holder: Banks May Be Too Large to Prosecute.” Wall Street Journal -
(2013)
Holder: Banks May Be Too Large to Prosecute. -
McCulleyPaul (2010)
The Shadow Banking System and Hyman Minsky’s Economic Journey -
H. Minsky (1992)
The Financial Instability HypothesisMacroeconomics eJournal
-
(2011)
Banks Find Loophole on Capital Rule. -
Tyler Atkinson, D. Luttrell, H. Rosenblum (2013)
How bad was it? The costs and consequences of the 2007–09 financial crisis -
U.S. Government Accountability Office (2013)
Financial Regulatory Reform: Financial Crisis Losses and Potential Impacts of the Dodd-Frank Act
- Publisher
- Springer Journals
- Copyright
- 2013 National Association for Business Economics
- ISSN
- 0007-666X
- eISSN
- 1554-432X
- DOI
- 10.1057/be.2013.14
- Publisher site
- See Article on Publisher Site
Abstract
Abstract The high degree of concentration in the U.S. financial system has been intensified in the wake of the 2007–09 financial crisis. Implicit government support of banks that are deemed “too big to fail” has resulted in excessive risk taking and a focus on short-term rewards rather than long-term performance. This paper proposes a three-step plan to limit the federal safety net to commercial depository institutions and to restructure institutions so that no one institution poses systemic risk in the event of failure and that the largest banks face the same kind of risks of closure and market risk as the smallest.
Journal
Business Economics – Springer Journals
Published: Jul 1, 2013