Determinants of deposit-insurance adoption and design

"The authors seek to identify factors that influence decisions about a country's financial safety net, using a new dataset on 170 countries covering the 1960-2003 period. Specifically, they focus on how outside influences, economic development, crisis pressures, and political institutions...

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Bibliographic Details
Main Author: Kane, Edward James
Corporate Author: World Bank
Other Authors: Laeven, Luc
Format: eBook
Language:English
Published: [Washington, D.C] World Bank 2006
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:"The authors seek to identify factors that influence decisions about a country's financial safety net, using a new dataset on 170 countries covering the 1960-2003 period. Specifically, they focus on how outside influences, economic development, crisis pressures, and political institutions affect deposit insurance adoption and design. Controlling for the influence of economic characteristics and events such as macroeconomic shocks, occurrence and severity of crises, and institutional development, they find that pressure to emulate developed-country regulatory frameworks and power-sharing political institutions dispose a country toward adopting design features that inadequately control risk-shifting. "--World Bank web site
Item Description:Includes bibliographical references. - Title from PDF file as viewed on 3/8/2006