Bank rules and their impact on inequality

image of a foreclosure notice

When most people consider the effects of government policy on economic inequality they think of taxes, welfare programmes, charter schools or student loans. But, as we show in our new study of the history of politics in shaping banking policies around the world – Fragile by design: the political origins of banking crises and scarce credit (Princeton 2014) – inequality can be affected by the rules of the game under which banks operate. Those rules define, among other things, who gets to be a bank

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: