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How Big a Problem is Too Big to Fail?

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NBER2005-12-01 更新2025-01-04 收录
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This review essay examines whether too-big-to-fail is as serious a problem as Gary Stern and Ron Feldman contend. This essay argues that Stern and Feldman overstate the importance of the too-big-to-fail problem and do not give enough credit to the FDICIA legislation of 1991 for improving bank

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2005-12-01
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