Too Big to Fail: A Policy's Beginning, Middle and End (?)
Matthias Haentjens & Bob Wessels (eds.), Research Handbook on Crisis Management in the Banking Sector, Edward Elgar Publishing Ltd, Cheltenham, UK, 2015 (Forthcoming).
40 Pages Posted: 28 Feb 2015
Date Written: August 30, 2014
This paper looks at the evolution of bank resolution policy. It analyses how "too big to fail" originated, why such a policy is too costly to continue, and the prospects for ending the policy by making banks resolvable or "safe to fail".
Keywords: banks, banking, resolution, liquidity
JEL Classification: G20, G21, G28
Suggested Citation: Suggested Citation