In the lead-up to the Great Depression, bank credit rapidly expanded and bank capital ratios declined. Banks, suffering … legislation gave the RFC broad authority to provide collateralized loans to almost any bank or corporation, especially small rural … March 1933 bank holiday …

"The historical response to bank crises has always been more regulation. A pattern emerges that some may find … surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes …

We use a novel, household opinions-based measure – Public Confidence in a Bank – to explore the role of bank-level and … banks publicly monitored during 2010–2017. We find that public confidence in a bank is highly sensitive to the industry …-level financial stability indicators, but less sensitive to bank-level risk characteristics. This result reveals an important role of …