Glass-Steagall: A Requiem
Robert Lucas
American Economic Review, 2013, vol. 103, issue 3, 43-47
Abstract:
This paper is a discussion of monetary efficiency, monetary safety, and the relation of the 1933 Glass-Steagall Act to both. It contains speculation about whether a modified version of the Act could have postponed or prevented the crisis of 2008.
JEL-codes: E31 E44 E52 E58 G21 G28 N22 (search for similar items in EconPapers)
Date: 2013
Note: DOI: 10.1257/aer.103.3.43
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