Market Discipline and Deposit Insurance

The paper examines Russian banks’ household deposit interest rates for the transition period of setting up the deposit insurance system. Monthly observations of Russian banks’ interest rates and balance sheets are used in a fixed effects panel data model. It is shown market discipline has been significantly diminished after switching to the deposit insurance.

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Year of publication:	2008
Authors:	Peresetsky, Анатолий Пересецкий
Published in:	Applied Econometrics. - Publishing House "SINERGIA PRESS". - Vol. 11.2008, 3, p. 3-14
Publisher:	Publishing House "SINERGIA PRESS"
Subject:	market discipline \| deposit insurance \| Russia \| deposit interest rates

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Extent:	application/pdf
Type of publication:	Article
Classification:	E43 - Determination of Interest Rates; Term Structure Interest Rates ; G21 - Banks; Other Depository Institutions; Mortgages ; G22 - Insurance; Insurance Companies ; G32 - Financing Policy; Capital and Ownership Structure
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009002157