Should banks be narrowed? /

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Bibliographic Details
Author / Creator:Bossone, Biagio.
Imprint:[Washington, D.C.] : International Monetary Fund, Office of the Executive Director, ©2001.
Description:1 online resource (33 pages)
Language:English
Series:IMF working paper, 2227-8885 ; WP/01/159
IMF working paper ; WP/01/159.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497684
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Other authors / contributors:International Monetary Fund. Office of the Executive Director.
ISBN:1451902794
9781451902792
1462354912
9781462354917
1452783497
9781452783499
1282108662
9781282108660
9786613802019
6613802018
9781451857672
1451857675
Notes:Includes bibliographical references (pages 26-30).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Print version record.
Summary:Annotation Over the past seventy years, the proposal to narrow the scope of banks has occurred more and more frequently in financial debates and research. Narrow banking would prevent deposit-issuing banks from lending to the private sector and restrict nonbank intermediaries from funding investments with demand deposits. Proponents of narrow banking defend it as a step toward greater financial stability and efficiency. This study reviews the literature on the subject, contrasts the concept of narrow banking with contemporary banking theories, and evaluates the potential consequences of narrow banking on finance and the real economy. the study also runs an empirical exercise to estimate the costs of bank narrowness and draws policy conclusions.
Other form:Print version: Bossone, Biagio. Should banks be narrowed? [Washington, D.C.] : International Monetary Fund, Office of the Executive Director, ©2001
Standard no.:10.5089/9781451902792.001