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Does "Skin in the Game" Reduce Risk Taking? Leverage, Liability, and the Long-run Consequences of the New Deal Banking Reforms

Kris James Mitchener, Gary Richardson

Chapter in NBER book The Microeconomics of New Deal Policy (2013), Price Fishback, organizer
Conference held July 26-27, 2012
Published in October 2013 by Elsevier, Explorations in Economic History, 50(4)

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Document Object Identifier (DOI): 10.1016/j.eeh.2013.06.002

This chapter first appeared as NBER working paper w18895, Does "Skin in the Game" Reduce Risk Taking? Leverage, Liability and the Long-Run Consequences of New Deal Banking Reforms, Kris James Mitchener, Gary Richardson
 
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