Download or read book The Political Economy of Deposit Insurance written by Luc Laeven and published by World Bank Publications. This book was released on 2004 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Political Economy of Deposit Insurance written by Luc Laeven and published by . This book was released on 2016 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Laeven uses a political economy framework to analyze cross-country differences in deposit insurance coverage. He finds supporting evidence of the significance of private interest theories in explaining coverage of deposit insurance. Deposit insurance coverage is significantly higher in countries where poorly capitalized banks dominate the market and in countries where depositors are poorly educated. The author does not find that coverage is significantly related to political-institutional variables, such as the degree of democracy or restraints on the executive, or to proxies for the general level of institutional development, such as per capita income or property rights. These results provide evidence in support of the private interest view, according to which risky banks lobby for extensive coverage.This paper - a product of the Financial Sector Operations and Policy Department - is part of a larger effort in the department to study deposit insurance systems.
Download or read book The Political Economy of Branching Restrictions and Deposit Insurance written by Nicholas Economides and published by . This book was released on 1995 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper suggests that the introduction of bank branching restrictions and federal deposit insurance in the United States likely was motivated by political considerations. Specifically, we argue that these restrictions were instituted for the benefit of the small, unit banks that were unable to compete effectively with large, multi- unit banks. We analyze this 'political hypothesis' in two steps. First, we use a model of monopolistic competition between small and large banks to examine gains to the former group from the introduction of branching restrictions and government-sponsored deposit insurance. We then find strong evidence for the political hypothesis by examining the voting record of Congress
Download or read book The Politics of Federal Deposit Insurance written by Edward Henry McDermott and published by . This book was released on 1993 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Deposit Insurance written by United States. Government Accountability Office and published by World Bank Publications. This book was released on 1996 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Political Economy of Branching Restrictions and Deposit Insurance written by Ann Bartel and published by . This book was released on 1992 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Maintaining Financial Stability in Times of Risk and Uncertainty written by Behl, Abhishek and published by IGI Global. This book was released on 2018-12-04 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risks and uncertainties?market, financial, operational, social, humanitarian, environmental, and institutional?are the inherent realities of the modern world. Stock market crashes, demonetization of currency, and climate change constitute just a few examples that can adversely impact financial institutions across the globe. To mitigate these risks and avoid a financial crisis, a better understanding of how the economy responds to uncertainties is needed. Maintaining Financial Stability in Times of Risk and Uncertainty is an essential reference source that discusses how risks and uncertainties affect the financial stability and security of individuals and institutions, as well as probable solutions to mitigate risk and achieve financial resilience under uncertainty. Featuring research on topics such as financial fraud, insurance ombudsman, and Knightian uncertainty, this book is developed for researchers, academicians, policymakers, students, and scholars.
Download or read book The Political Economy of Branching Restrictions and Deposit Insurance written by Apoorva Koticha and published by . This book was released on 1991 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Insider s View of the Political Economy of the Too Big to Fail Doctrine written by Walker F. Todd and published by . This book was released on 1990 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book More Lives Than a Cat written by Sarah Jane Gates and published by . This book was released on 2017 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This dissertation traces the history of state and federal bank deposit insurance from the first state program enacted in 1829 to the creation of the Federal Deposit Insurance Corporation (FDIC) in 1933. I seek to correct a common misperception that federal deposit insurance was part of the legislative agenda of Roosevelt's New Deal. Not only was Roosevelt not in favor of the measure, he actively opposed it. Behind this misperception is one hundred years of history of state bank insurance programs and forty years of advocacy at the federal level. This study argues that the call for government bank insurance was a recurring democratic impulse that emanated from the developing, rural economies in the periphery of an expanding nation. The advocates of this legislation sought to use the power of the state to stabilize banking and currency in an expanding market economy in order to better tie the rural periphery to its commercial and financial center. This study is both the history of a bank regulation and the history of a legislative idea whose champions and effects cut across geographic, economic, political, and social boundaries. The first state bank insurance program was formulated in the unique political economy of New York in 1829 at a time when the federal government guaranteed the credit of the United States, but only part of the money supply: specie, government-minted gold and silver coins, but neither bank notes nor bank deposits. State bank insurance programs then spread west to five more states before the Civil War. After the Civil War, bank insurance programs were called for at a time when the credit of the federal government had expanded to guarantee bank notes, but not bank deposits. After the Panic of 1907, eight more states enacted deposit insurance programs. The call for deposit insurance at the federal level began in 1886. The legislative idea was handed down through one hundred and fifty bills and three generations of progressive Democrats from the Middle West and South before FDIC was created in 1933. Government-managed bank insurance represented a renegotiation of the balance of power between the state and private banks to use the power of the state to distribute default risk across all banks, from the weakest to the most powerful. An underlying institutional argument of this study shows that state power was a precondition of government bank insurance and how the state's credit ultimately became the source of the guaranty. The federal guaranty of bank deposits was not cut from whole cloth in 1933; it was a recurring democratic impulse from the periphery of American capitalism that can be traced to the beginning of the Republic."--Abstract from author supplied metadata.
Download or read book Deposit Insurance Around the Globe written by Asl? Demirgüç-Kunt and published by World Bank Publications. This book was released on 2001 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explicit deposit insurance has been spreading rapidly in recent years, even to countries with low levels of financial and institutional development. Economic theory indicates that deposit-insurance design features interact--for good or ill--with country-specific elements of the financial and governmental contracting environment. This paper documents the extent of cross-country differences in deposit-insurance design and reviews empirical evidence on how particular design features affect private market discipline, banking stability, financial development, and the effectiveness of crisis resolution. This evidence challenges the wisdom of encouraging countries to adopt explicit deposit insurance without first stopping to assess and remedy weaknesses in their informational and supervisory environments.
Download or read book Deposit Insurance Reform and Financial Modernization written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1990 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Deposit Insurance written by Rita Carisano and published by Dartmouth Publishing Company. This book was released on 1992 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The salience of deposit insurance has increased enormously in recent years as a result of the thrifts crisis in the USA and its proposed introduction to the European Community.
Download or read book Deposit Insurance Database written by Asli Demirgüç-Kunt and published by International Monetary Fund. This book was released on 2014-07-03 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a comprehensive, global database of deposit insurance arrangements as of 2013. We extend our earlier dataset by including recent adopters of deposit insurance and information on the use of government guarantees on banks’ assets and liabilities, including during the recent global financial crisis. We also create a Safety Net Index capturing the generosity of the deposit insurance scheme and government guarantees on banks’ balance sheets. The data show that deposit insurance has become more widespread and more extensive in coverage since the global financial crisis, which also triggered a temporary increase in the government protection of non-deposit liabilities and bank assets. In most cases, these guarantees have since been formally removed but coverage of deposit insurance remains above pre-crisis levels, raising concerns about implicit coverage and moral hazard going forward.
Download or read book Deposit Insurance written by United States. General Accounting Office and published by . This book was released on 1991 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Recommendations for Change in the Federal Deposit Insurance System written by Cabinet Council on Economic Affairs (U.S.). Working Group and published by . This book was released on 1985 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Stability Policy in the Euro Zone written by Gundbert Scherf and published by Springer Science & Business Media. This book was released on 2013-06-17 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to the lack of political salience that financial stability policy enjoys in tranquil economic times, this policy field lends itself particularly well to capture – the more so the more important the role of banks is in the financial system. Gundbert Scherf’s research focuses on this nexus between integrated banking, supranational monetary policy and national banking regulation. He finds that national level differences in financial systems and related institutions explain and drive variation in regulatory financial stability policy across countries.
