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A third pillar of bank supervision


  • William R. Emmons
  • R. Alton Gilbert
  • Mark D. Vaughan


Risky behavior by banks is kept in check primarily with two tools: examinations and the rule that requires owners to keep a certain amount of their own money invested in their banks. Some people now want to tap the markets for further assistance with bank supervision.

Suggested Citation

  • William R. Emmons & R. Alton Gilbert & Mark D. Vaughan, 2001. "A third pillar of bank supervision," The Regional Economist, Federal Reserve Bank of St. Louis, issue Oct, pages 4-9.
  • Handle: RePEc:fip:fedlre:y:2001:i:oct:p:4-9

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    Cited by:

    1. Nyborg, Kjell G., 2015. "Bank Supervision after the Financial Crisis: Signals from the Market for Liquidity," Discussion Papers 2015/14, Norwegian School of Economics, Department of Business and Management Science.

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