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Journal Article
Interview with Arthur Levitt
Journal Article
Top of the ninth: should we accept the conventional wisdom about deflation?
Gary Stern agrees that the probability of deflation is low but questions the notion that deflation would necessarily have severe consequences.
Journal Article
Managing TBTF by reducing systemic risk
The most persuasive way to convince bank creditors that their bank isn't too big to fail (TBTF) is for policymakers to reduce systemic risk and to communicate those steps to the public.
Journal Article
Addressing TBTF by shrinking institutions: an initial assessment
Journal Article
The private and public risks of banking
Minneapolis Fed President Gary Stern warns that banking policy continues to shift too much risk taking onto the public.