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Historical Working Papers

Series

1984

Economic recovery

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Bank Performance As The Economy Rebounds, Jonathan A. Scott, George H. Hempel Jan 1984

Bank Performance As The Economy Rebounds, Jonathan A. Scott, George H. Hempel

Historical Working Papers

A new bank environment caused by changing government regulation and newly introduced financial instruments causes bank return rates to be substantially lower than in previous economic recoveries. Bank strategy may involve assuming increased risk.