U.S. Bank Deregulation in Historical Perspective

  title={U.S. Bank Deregulation in Historical Perspective},
  author={Charles W. Calomiris},
This book shows how and why deregulation has transformed the size, structure and geographic range of US banks, the scope of banking services, and the nature of bank-customer relationships. Over recent decades the characteristics that had made American banks different - the fragmented geographical structure of the industry, which restricted the scale of banks and their ability to compete with one another, and strict limits on the kinds of products and services commercial banks could offer - have… 

Geographic Deregulation and Competition in the U.S. Banking Industry

We examine the effects of geographic deregulation on state-level competition in U.S. banking markets over the period 1976-2005. The empirical results confirm that the U.S. banks in general operated

Deregulation of Bank Entry and Bank Failures

The financial crisis of 2008 highlighted the debilitating effect that a disruption in the banking sector can have on the macro-economy. Not surprisingly, therefore, preserving banking sector

Banking Fragility, United States, 1790–2009

Finance Capitalism and Germany's Rise to Industrial Power

Based on a wide array of data collected by the author, this book uses clear theoretically motivated economic analysis to explain the structure, performance, and influence of universal banks and

Financial Systems and Economic Development in Historical Perspective

This paper elucidates the key debates surrounding the optimal design of financial systems and institutions: bank-based versus market-based; universal versus specialized banking; relationship versus

Economic, Political, and Legal Factors in Financial System Development: International Patterns in Historical Perspective

Financial systems are often described either as bank-based, universal, and relational or as market-based, specialized, and arms-length; and for many years academics and policymakers have debated the

Rediscovering Macro-Prudential Regulation: The National Banking Era from the Perspective of 2015

We review the bank regulatory and supervisory practices of the National Banking Era and argue that their primary focus was both micro- and macro-prudential. Regulatory limits on real estate lending

Changing Retail Banking Supply-Demand Mismatch: A Tale of Two States

  • Bin Zhou
  • Economics
    Int. J. Appl. Geospat. Res.
  • 2010
While the New York banking industry can be characterized by a more concentrated geographical distribution of bank deposits, the Illinois banking industry still has a dispersed geographical concentration of bank offices, though the Chicago MSA has reversed such a pattern.

How to Restructure Failed Banking Systems: Lessons from the U.S. In the 1930&Apos;S and Japan in the 1990&Apos;S

The costs of government assistance to banks depend on the way rescues are managed. The cnetral questions of policy reference do not revolve around whether to bail out banks, but rather around the

Banking Regulation around the World

This article empirically investigates the patterns, determinants and impact of banking regulation in a large cross section of countries. Major differences of banking regulation across countries are