If stable and efficient banks are such a good idea, why are they so rare? -- The game of bank bargains -- Tools of … colonial times to 1990 -- The new U.S. bank bargain : megabanks, urban activists, and the erosion of mortgage standards … -- Leverage, regulatory failure, and the subprime crisis -- Durable partners : politics and banking in Canada -- Mexico : chaos …

In a theoretical model of the Diamond-Dybvig style, in which deposit-taking banks and financial markets coexist, bank … findings suggest that in particular bank-dominated financial systems are prone to contagious bank runs due to asset price … buffers to weather future crises if the ex-ante crisis probability exceeds a certain threshold. Moreover, central bank …