Too Many Banks to Fail? Theory and Evidence

被引:1
作者
Boyd, John [1 ]
Baxamusa, Mufaddal [2 ]
机构
[1] Univ Minnesota, Carlson Sch Management, Banking Ind Minnesota Chair, Minneapolis, MN 55455 USA
[2] Univ St Thomas, Opus Coll Business, St Paul, MN USA
来源
ECONOMISTS VOICE | 2013年 / 10卷 / 01期
关键词
Banking crisis; too many to fail;
D O I
10.1515/ev-2013-0015
中图分类号
F [经济];
学科分类号
02 ;
摘要
Too Many to Fail suggests that small and medium sized banks can cause a banking crisis if a large number of them fail simultaneously. We disagree and show that the fundamental cause of systemic banking crises is "Too Big to Fail" banks.
引用
收藏
页码:7 / 13
页数:7
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