Bank Runs and Moral Hazard : A Review of Deposit Insurance

Anginer, Deniz ; Demirguc-Kunt, Asli

World Bank, Washington, DC

关键词: DEPOSIT INSURANCE;    BANKING RISK;    BANKING SYSTEM;    BANKING CRISIS;    MORAL HAZARD;   

DOI  :  10.1596/1813-9450-8589
RP-ID  :  WPS8589

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Deposit insurance is a widely adoptedpolicy to promote financial stability in the banking sector.Deposit insurance helps ensure depositors' confidencein the financial system and prevents contagious bank runs,but it also comes with an unintended consequence ofencouraging banks to take on excessive risk. This paperreviews the economic costs and benefits of deposit insuranceand highlights the importance of institutions and specificdesign features for how well deposit insurance schemes workin practice.