Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund. Office of the Executive Director.
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ISBN: | 1451902794 9781451902792 1462354912 9781462354917 1452783497 9781452783499 1282108662 9781282108660 9786613802019 6613802018 9781451857672 1451857675
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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. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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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.
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Other form: | Print version: Bossone, Biagio. Should banks be narrowed? [Washington, D.C.] : International Monetary Fund, Office of the Executive Director, ©2001
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Standard no.: | 10.5089/9781451902792.001
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