The Silicon Valley Bank Run: Regulatory and Media Failure

Q1 Economics, Econometrics and Finance
D. Baker
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引用次数: 1

Abstract

The most important thing to know about the recent banking problems in the United States is that they are not at all like the problems we saw in 2008-09. The crisis in the banking system during the Great Recession was a result of the fact that hundreds of banks across the country, including several of the largest, were insolvent. The current situation, with some banks facing runs from uninsured depositors, is not at all comparable. Media reporting, which has frequently made this comparison, has played a major role in exacerbating the recent crisis.
硅谷银行挤兑:监管和媒体的失败
关于美国最近的银行业问题,最重要的一点是,它们与我们在2008-09年看到的问题完全不同。大衰退期间银行体系的危机是全国数百家银行(包括几家最大的银行)资不抵债的结果。目前的情况是,一些银行面临着无保险储户的挤兑,这完全没有可比性。经常进行这种比较的媒体报道在加剧最近的危机方面发挥了重要作用。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Intereconomics
Intereconomics Economics, Econometrics and Finance-Economics, Econometrics and Finance (miscellaneous)
CiteScore
5.00
自引率
0.00%
发文量
66
审稿时长
16 weeks
期刊介绍: Intereconomics publishes papers dealing with economic and social policy issues in Europe respectively in Euroland. The journal consists of the sections editorial, forum and articles. The editorial section contains brief comments on current questions of economic policy in Europe or effecting Europe. In the forum, several authors (researchers, politicians, representatives of trade unions and of employers associations etc.) voice their opinions on one particular current economic policy problem effecting Europe. The articles deal with economic policy issues and trends in Europe. They are mostly written by researchers in economics. Officially cited as: Intereconomics
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