Deposit insurance and risk taking
We review the theory of deposit insurance, highlighting the underlying assumptions that were not satisfied during the recent financial crisis and that may have led to serious policy mistakes. In theoretical models, deposit insurance is mostly seen as an equilibrium selection device to avoid panic-ba...
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| Volume: | 27 |
|---|---|
| Main Author: |
Carletti, Elena
Allen, Franklin Leonello, Agnese |
| Format: | Journal Article |
| Language: | English |
| Place of publication: |
Oxford University Press 2011 |
| published in: | Oxford Review of Economic Policy Vol. 27; no. 3; pp. 464 - 478 |
| Data of publication: | 2011 |
| Series: |
Oxford Review of Economic Policy |
| Online Access: | available in Bonn? |
| Database: | RePEc RePEc IDEAS Database information Databases - DBIS |