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MUTUAL FUND BANKING:A MARKET APPROACH
Current Depository Institution Crisis MUTUAL FUND BANKING MARKET APPROACH
2008/11/27
Weexamine mutual fund banking as an alternative form offinancial
intermediation. Individuals would hold checkable deposits at financial
intermediaries structured as mutual funds. Although the nomina...
A MARKET APPROACH TO MONETARY PERESTROIKA
Monetary Crisis MONETARY PERESTROIKA European Monetary System
2008/11/22
Solving Russia’s Monetary Crisis
Adam and Eve must be blamed for the fact that we live in a world
of third bests, and that we economists can at most aspire to
recommend some second-best reforms. In...
A MARKET APPROACH TO BANKING REGULATION
BANKING REGULATION Securities and Exchange Commission’s Federal Savings and Loan Insurance Corporation
2008/11/22
The cost of complying with regulatory requirements and prohibitions
is a major problemfor banking today. Regulations imposed with
even the best of intentions entail substantial costs, many ofwhich a...