Masciandaro, Donato; Suardi, Mattia - In: International Review of Economics 61 (2014) 4, pp. 305-328
After the 2008 Financial Meltdown, the need to reconsider the separation between commercial banking and other financial risky activities—ring fencing—in order to mitigate systemic risks and to address the too big to fail problems was publicly recognized both in the USA and in Europe. In...