Determinants of Deposit-Insurance Adoption and Design

Determinants of Deposit-Insurance Adoption and Design

Show other versions (1)

The authors seek to identify factors that influence decisions about a country's financial safety net, using a new dataset on 170 countries covering the 1960-2003 period. Specifically, they focus on how outside influences, economic development, crisis pressures, and political institutions affect deposit insurance adoption and design. Controlling for the influence of economic characteristics and events such as macroeconomic shocks, occurrence and severity of crises, and institutional development, they find that pressure to emulate developed-country regulatory frameworks and power-sharing political institutions dispose a country toward adopting design features that inadequately control risk-shifting.

Saved in:
Bibliographic Details
Main Authors: Demirgüç-Kunt, Asli, Kane, Edward J., Laeven, Luc
Format: Policy Research Working Paper biblioteca
Language:English
Published: World Bank, Washington, DC 2006-02
Subjects:ACCOUNTABILITY, BANK DEPOSITS, BANK REGULATION, BANK RISK, BANKING CRISES, BANKING CRISIS, BANKING PANICS, BANKING SECTOR, BANKING SYSTEM, BENCHMARK, CAPITALIZATION, COINSURANCE, CONFIDENCE IN BANKS, COVERAGE, DEPOSIT GUARANTEES, DEPOSIT INSURANCE, DEPOSIT INSURANCE SCHEMES, DEPOSIT INSURANCE SYSTEMS, DEPOSITORS, ECONOMICS, ENDOGENOUS VARIABLES, FEDERAL DEPOSIT INSURANCE, FEDERAL DEPOSIT INSURANCE CORPORATION, FINANCIAL CRISES, FINANCIAL CRISIS, FINANCIAL INSTITUTIONS, FINANCIAL INTERMEDIARIES, FINANCIAL INTERMEDIATION, FINANCIAL SECTOR, FOREIGN CURRENCY DEPOSITS, GDP, GDP PER CAPITA, GROWTH RATE, INCOME GROUPS, INFLATION, INSOLVENCY, INSTITUTIONAL DEVELOPMENT, INSTITUTIONAL ENVIRONMENT, INSURANCE, INSURANCE AGENCIES, INSURANCE BENEFITS, INSURANCE DESIGN, INSURANCE SYSTEM, INTEGRITY, MACROECONOMIC CONDITIONS, MACROECONOMIC SHOCKS, MARKET DISCIPLINE, MONETARY POLICY, MORAL HAZARD, NATIONAL ECONOMY, OWNERSHIP STRUCTURE, POLITICAL ECONOMY, PREDICTIONS, PRIVATE BANKS, PRIVATIZATION, RATES, REAL GDP, REAL INTEREST RATE, REGULATORY SYSTEMS, RESERVE BANK OF NEW ZEALAND, STATISTICAL ANALYSIS, VOTERS,
Online Access:http://documents.worldbank.org/curated/en/2006/02/6600507/determinants-deposit-insurance-adoption-design
http://hdl.handle.net/10986/8744
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The authors seek to identify factors that influence decisions about a country's financial safety net, using a new dataset on 170 countries covering the 1960-2003 period. Specifically, they focus on how outside influences, economic development, crisis pressures, and political institutions affect deposit insurance adoption and design. Controlling for the influence of economic characteristics and events such as macroeconomic shocks, occurrence and severity of crises, and institutional development, they find that pressure to emulate developed-country regulatory frameworks and power-sharing political institutions dispose a country toward adopting design features that inadequately control risk-shifting.

Similar Items