THE DEFECTIVE DESIGN OF FEDERAL DEPOSIT INSURANCE

Deposit insurance funds, especially the Federal Savings and Loan Insurance Corporation, are currently in visible trouble. Two central defects of the existing deposit insurance system are identified: (1) mispricing of the insurance premiums and (2) incentives for both the industry and the insurance agencies to postpone recognizing and realizing losses. Copyright 1987 Western Economic Association International.

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Year of publication:	1987
Authors:	SCOTT, KENNETH E.
Published in:	Contemporary Economic Policy. - Western Economic Association International - WEAI, ISSN 1074-3529. - Vol. 5.1987, 1, p. 92-99
Publisher:	Western Economic Association International - WEAI

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004981215