Journal Article Summaries

1. Review the two articles about bank failures and bank diversification that are found below this. Economic history assures us that the health of the banking industry is directly related to the health of the economy. Moreover, recessions, when combined with the banking crisis, will result in longer and deeper recessions versus recessions that do occur with a healthy banking industry.

https://www.richmondfed.org/~/media/richmondfedorg/publications/research/economic_quarterly/2005/winter/pdf/walter.pdf

2. Locate two other JOURNAL articles that discuss this topic further and summarize it into 300 words. You need to focus on the Abstract, Introduction, Results, and Conclusion.

 

3. Please use your own words. No copy-and-paste. Cite your sources.