Market discipline and deposit insurance in Russia
Peresetsky, Anatoly (02.10.2008)
Numero
14/2008Julkaisija
Bank of Finland
2008
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408072109Tiivistelmä
The paper presents a study of Russian banks' interest rates on household deposits during the formation period of the deposit insurance system. It is shown that market discipline weakened after deposit insurance was effectively in place. JEL codes: G21, G28, P37 Keywords: deposit insurance, market discipline, deposit interest rates
Julkaisuhuomautus
Published in Russian in Applied Econometrics (Прикладная эконометрика), No. 3, 2008, pp. 3-14 as "Market Discipline and Deposit Insurance" (Рыночная дисциплина и страхование депозитов).