04574oam 2200637I 450 991082350170332120240418075053.01-315-69981-81-317-45697-110.4324/9781315699813 (CKB)3710000000417975(EBL)3569205(SSID)ssj0001536780(PQKBManifestationID)11926767(PQKBTitleCode)TC0001536780(PQKBWorkID)11510514(PQKB)10131390(MiAaPQ)EBC3569205(OCoLC)958107333(EXLCZ)99371000000041797520180706d20151994 uy 0engur|n|---|||||txtccrThe evolution of U.S. finance /Jane W. D'Arista1st ed.London ;New York :Routledge,2015.1 online resource (526 p.)Columbia University Seminar SeriesFirst published 1994 by M.E. Sharpe.1-56324-233-8 1-56324-232-X Includes bibliographical references and index.""Cover""; ""Half Title""; ""Title Page""; ""Copyright Page""; ""Dedication""; ""Table of Contents""; ""List of Tables and Figures""; ""Acknowledgments""; ""Preface""; ""Introduction""; ""Part I: The Framework for Financial Structure and Regulation""; ""1 The Current Debate on Regulatory Policy""; ""Introduction""; ""The Issue of Financial Consolidation""; ""Reorganizing the Regulatory Framework""; ""Eliminating Special Treatment for Banks""; ""The Limits to Deregulation""; ""The Impact of Financial Structure and Regulation on Economic Activity""""2 Issues in the Evolution of Federal Regulation""""Introduction""; ""Commercial and Investment Banking in the United States""; ""The Emerging Trend toward Financial Consolidation""; ""Financial Restructuring in the 1980s""; ""An Alternative Model: The German Universal Banking System""; ""3 The Changing Financial Environment""; ""Introduction""; ""The Monetary and Fiscal Environment""; ""The Interaction of Macroeconomic and Financial Developments in the 1970s""; ""Technological Change""; ""The Internationalization of Financial Institutions and Markets""""Changes in Demands for Financial Services""""Part II: The Goals of Regulation""; ""Introduction""; ""4 Access to Capital and Credit""; ""Introduction and Summary""; ""An Overview of the Federal Government's Role in Financial Markets""; ""The Effects of Interest Rate Deregulation on Credit Flows""; ""Product and Structural Changes That Altered Financial Flows""; ""The Absence of Market Innovations to Facilitate Capital Formation""; ""Summary of Policy Concerns""; ""5 Balancing Competition and Soundness: The Debate on Bank Regulation""; ""Introduction""""Soundness Regulation and Competitive Restraints""""Deregulation and Risk""; ""Interdependence and Systemic Risk""; ""Substituting Market Forces for Direct Regulation""; ""Regulating in a Deregulated Environment""; ""Managing Liquidity""; ""A Summary of Policy Concerns""; ""6 Promoting Competition and the Impartiality of Credit Decisions""; ""Introduction: Specialization and Diversity versus Consolidation""; ""Consolidation as an Impediment to Impartiality""; ""Consolidation and Financial Stability: The Role of Banks""; ""Conflicts of Interests""""Cross-Selling and Tying Financial Services""""The Concentration of Financial Resources""; ""Summary of Policy Concerns""; ""7 Preserving the Economic Functions of Financial Markets""; ""Introduction: An Overview of Financial ""Missions""""; ""Capital Investment Trends in the United States""; ""Developments in U.S. Capital and Credit Markets in the 1980s""; ""Changes in the Structure and Economic Functions of Capital Markets in the 1980s""; ""Summary of Policy Concerns""; ""Part III: Protecting Customers of Financial Institutions""; ""Introduction and Summary""""8 Regulation to Ensure Soundness and Fiduciary Responsibility""Columbia University seminar series.FinanceUnited StatesMonetary policyUnited StatesFinanceMonetary policy332.0973332.10973D'Arista Jane W.814138MiAaPQMiAaPQMiAaPQBOOK9910823501703321The evolution of U.S. finance4037258UNINA