Chicago Fed Letter, December 2002 Special Issue

REPORT - The latest Chicago Fed Letter is titled 'Financial market and regulatory behaviour over the business cycle'. It asks the questions, should regulation and supervision be used to smooth out the business cycle? and how do financial firms respond to changing credit and market conditions? These issues were addressed by industry participants, regulators, policymakers, and academics at the Chicago Fed's 2002 Conference on Bank Structure and Competition.

Financial market and regulatory

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