BibTeX
@MISC{Failure_theincentive,
author = {Insuranceand Bank Failure and Thorsten Beck},
title = {The Incentive Compatible Design Of Deposit},
year = {}
}
Share
 |
 |
 |
 |
||
OpenURL
Abstract
Deposit insurance schemes and bank failure resolution systems are asked to fulfill conflicting public policy objectives: on the one hand, they are supposed to protect small depositors and prevent contagion risks from bank runs; on the other hand, they are supposed to minimize aggressive risk taking by banks. This paper discusses the incentive-compatible design and interaction of both components of the financial safety net and describes and compares three countries with different safety net arrangements: Germany, Brazil and Russia.
