| Title: | The Basics of "Too Big to Fail" |
| Authors: | White, Lawrence J. |
| Keywords: | Too big to fail (TBTF); prudential regulation; capital;leverage; liquidity; runs |
| Issue Date: | 5-Mar-2014 |
| Abstract: | This essay lays out the basics of the “too-big-to-fail” (TBTF) phenomenon: What it means; why it is a problem; the central role that TBTF financial institutions played in the financial crisis of 2008; and why better prudential regulation than was present prior to 2008 is needed for the future. |
| URI: | http://hdl.handle.net/2451/33564 |
| Rights: | Copyright Lawrence J. White, March 2014. |
| Appears in Collections: | Economics Working Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| White_TooBigtoFail_Mar2014.pdf | 105.85 kB | Adobe PDF | View/Open |
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