Bagehot or Bailout? An Analysis of Government Responses to Banking Crises

G. Rosas, “Bagehot or Bailout? An Analysis of Government Responses to Banking Crises”, American Journal of Political Science, 50 (1), 2006. Political intervention into markets can take a nearly endless number of forms. During the latter part of the twentieth century, there was a widely shared sense that governments should decrease their role in the economy. […]