Sunday, April 11, 2010

Does bank regulation help the rich or the poor more?

Beck, Levine, and Levkov look at bank deregulation and find that it helped the poor more than the rich. Something to consider as new bank regulation is advocated. The Journal of Finance Forthcoming Article Abstract: "We assess the impact of bank deregulation on the distribution of income in the United States. From the 1970s through the 1990s, most states removed restrictions on intrastate

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