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Journal of Economic Literature - Book Review
JEL Volume. 49, Issue 3 | 
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Reviewed by: Jonathan Macey of Yale Law School
Review DOI: 10.1257/jel.49.3.719.r13
Review Pages: 750-51
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JEL Forthcoming Articles
JEL Indexes (Members Only)Book(s) Reviewed
How Big Banks Fail and What to Do about It by Darrell Duffie
Published By: Princeton and Oxford: Princeton University Press
ISBN: 978-0-691-14885-4
Date of Publication: 2011
Published By: Princeton and Oxford: Princeton University Press
ISBN: 978-0-691-14885-4
Date of Publication: 2011
Book Review Detail
Reviewed by: Jonathan Macey of Yale Law School
Review DOI: 10.1257/jel.49.3.719.r13
Review Pages: 750-51
Book Review Abstract
Jonathan Macey of Yale Law School reviews "How Big Banks Fail and What to Do about It" by Darrell Duffie. The EconLit Abstract of the reviewed work begins "Explores the failure mechanics of dealer banks and outlines improvements in regulations and market infrastructure that could reduce the risks of these failures and reduce the damage they cause to the wider financial system when they fail. Discusses what a dealer bank is; failure mechanisms; recapitalizing a weak bank; and improving regulations and market infrastructure. Duffie is Dean Witter Distinguished Professor of Finance at Stanford University's Graduate School of Business. Bibliography; index."
Book Review Full-Text Access
Book Review Authors
Jonathan Macey of Yale Law School
JEL Classifications
E44: Financial Markets and the Macroeconomy
G21: Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
G28: Financial Institutions and Services: Government Policy and Regulation
G33: Bankruptcy; Liquidation
G21: Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
G28: Financial Institutions and Services: Government Policy and Regulation
G33: Bankruptcy; Liquidation
