Deposit insurance, market discipline and bank risk

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dc.contributor Bank of Finland Karas, Alexei Pyle, William Schoors, Koen 2019-07-02T11:04:53Z 2019-07-02T11:04:53Z 2019
dc.identifier.issn 1456-5889
dc.description.abstract Using evidence from Russia, we explore the effect of the introduction of deposit insurance on bank risk. Drawing on within-bank variation in the ratio of firm deposits to total household and firm deposits, so as to capture the magnitude of the decrease in market discipline after the introduction of deposit insurance, we demonstrate for private, domestic banks that larger declines in market discipline generate larger increases in traditional measures of risk. These results hold in a difference-in-difference setting in which state and foreign-owned banks, whose deposit insurance regime does not change, serve as a control.
dc.format.extent 28
dc.language.iso ENG
dc.relation.ispartofseries BOFIT Discussion Papers
dc.subject Bofit-kokoelma
dc.subject SP
dc.subject RP ST
dc.subject Venäjä
dc.subject riskinotto
dc.subject moraalikato
dc.subject pankkitoiminta
dc.subject.other risk taking
dc.subject.other deposit insurance
dc.subject.other market discipline
dc.subject.other moral hazard
dc.subject.other banks
dc.subject.other Russia
dc.title Deposit insurance, market discipline and bank risk
dc.type Paper
dc.identifier.urn URN:NBN:fi:bof-201907021280
dc.subject.jel E65
dc.subject.jel G21
dc.subject.jel G28
dc.subject.jel P34 BOFIT Discussion Papers
dc.series.year 2019
dc.series.number 10/2019
dc.series.sortingnumber 0010 27.6.2019
dc.subject.yso pankit
dc.subject.yso talletussuoja
dc.subject.yso riskit
dc.contributor.orgunit Institute for Economies in Transition (BOFIT)
dc.type.okm D4

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