Mitigating Too Big to Fail
Colleen Faherty and
Wayne Passmore
No 2024-06-14-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
Financial institutions that are "Too-Big-to-Fail" impede proper market functioning in financial services. These firms can undermine the disciplining effects of capital markets should their failure have substantial "knock-on" effects on the real economy.
Date: 2024-06-14
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2024-06-14-2
DOI: 10.17016/2380-7172.3521
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