Beschreibung:
William R. Cline has been a senior fellow at the Peterson Institute for International Economics since 1981. During 1996¿2001, Cline was deputy managing director and chief economist of the Institute of International Finance in Washington, DC. From 2002 through 2011, he held a joint appointment with the Peterson Institute and the Center for Global Development, where he is currently senior fellow emeritus.
William R. Cline analyzes whether reforms of capital requirements for banks have gone far enough. He calculates how much higher bank capital reduces the risk of banking crises. This study also challenges the recent "too much finance" literature, which holds that in advanced countries banking sectors are already too large and are curbing growth.