Contributors -- About the co-editors -- Background on George Kaufman's contributions to the finance profession -- Public policy and financial economics : comments to honor George G. Kaufman / Charles L. Evans -- 57 years of banking changes and ideas / Alex J. Pollock -- Theory vs. practice and...

This paper analyzes the consequences of alternative financial structures for financial efficiency and stability. The focus is on the organizational structure of banks. Alternative bank structures range from "narrow banks" to broad "universal banks". Each banking structure is assessed in its...

This book isa collection of research papers that contribute to the understanding of ongoing developments in financial institutions and markets both in the United States and globally, including an in-depth look at topics such as universal access, cost recovery, and payment services; the...