Artikel

THE TRAVELS OF A BANK DEPOSIT IN TURBULENT TIMES: THE IMPORTANCE OF DEPOSIT INSURANCE DESIGN FOR CROSS‐BORDER DEPOSITS

We examine the impact of the existence on an explicit deposit insurance (DI) scheme and its design features on bilateral cross-border deposits (CBD) in a gravity model setting. We find that both the absolute quality of a country's DI and its relative quality vis-à-vis other countries' DI generally affect depositor behavior. However, during systemic banking crises, cross-border depositors primarily seek countries with the best DI schemes. Similarly, during the 2008–2009 great financial crisis, the emergency actions taken by the governments, which supply and maintain these safe havens, have led to substantial relocations of CBD. (JEL F34, G18)

Sprache
Englisch

Erschienen in
Journal: Economic Inquiry ; ISSN: 1465-7295 ; Volume: 58 ; Year: 2019 ; Issue: 2 ; Pages: 980-997 ; Boston, USA: Wiley Periodicals, Inc.

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Qi, Shusen
Kleimeier, Stefanie
Sander, Harald
Ereignis
Veröffentlichung
(wer)
Wiley Periodicals, Inc.
(wo)
Boston, USA
(wann)
2019

DOI
doi:10.1111/ecin.12845
Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Qi, Shusen
  • Kleimeier, Stefanie
  • Sander, Harald
  • Wiley Periodicals, Inc.

Entstanden

  • 2019

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