Where to Draw Lines
Stability Versus Efficiency
Bibliographic Data
| ID | 9725586 |
|---|---|
| Authors | Thomas J Sargent (0000-0002-5457-0944, Hoover Institution, corresponding author) |
| Year | 2011 |
| Volume | 78 |
| Issue | 310 |
| Pages | 197-214 |
| Publication date | 2011-04-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1468-0335.2010.00875.x |
| OpenAlex | W2113255947 |
| Language | EN |
| Citations received | 2 |
| References cited | 28 |
What kinds of assets should financial intermediaries be permitted to hold? What kinds of liabilities should they be allowed to issue? Should a government or a central bank offer explicit deposit insurance or implicit deposit insurance by acting as a lender of last resort? This paper reviews how tensions involving stability versus efficiency, and regulation versus laissez faire, have for centuries run through macroeconomic analysis of these questions
Actuarial science · Citation · Economics · Financial intermediary · Financial system · Intermediary · Law and economics · Political science · Banking stability, regulation, efficiency · Economic theories and models · Economic Theory and Policy · Finance · Law
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Chronicle of a Deflation Unforetold
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Dynamic Macroeconomic Theory
An Inquiry into the Nature and Causes of the Wealth of Nations
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,22 |
| Citation span | 2017 - 2022 (6) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |