Contagion of bank failures / Sangkyun Park.

This volume examines the vulnerability of sound banks during financial criseshelps understand the nature of financial crises and other banking issuestraces the history of banking reform in the United States from 1933 until 1992discusses deregulation in the US banking system.

Saved in:
Bibliographic Details
Main Author: Park, Sangkyun
Format: eBook
Language:English
Published: London ; New York : Taylor & Francis, 2012.
Series:Routledge library editions. Banking & finance ; v. 26
Subjects:
Online Access:Click for online access
Table of Contents:
  • CONTAGION OF BANK FAILURESThe Relation to Deposit Insurance and Information; Copyright; CONTAGION OF BANK FAILURESTHE RELATION TO DEPOSIT INSURANCE AND INFORMATION; Original Copyright; Preface; Contents; CHAPTER I Introduction; CHAPTER II Bank Runs and the Stability of Laissez-faire Banking; 1. Bank Runs as a Result of Depositors' Expectations; 2. Bank Runs as Rational Behavior; 3. Private Information as a Source of Banking Instability; 4. Inherently Unstable Credit Mechanism; 5. Stylized Facts and Conclusion; CHAPTER III Bank Panics and the State of Information; 1. The Basic Model.
  • 2. Government Provision of Insurance3. Banking System without Government Intervention; 4. Summing-Up; CHAPTER IV Bank Failure Contagion in Historical Perspective; 1. Clearing House Loan Certificates and Equalization of Reserves; 2. Suspension of Banks and the Crisis of 1933; 3. The Panic of 1884 in Comparison to Other Panics; 4. Summing-Up; CHAPTER V Related Issues; 1. Collective Efforts and Banks' Behavior; 2. Ways of Providing Information; 3. Incentives to Provide Information; CHAPTER VI Conclusion; Tables; Graphs; Appendices; Bibliography; Index.