How susceptible to contagion are bank deposits associated with financial inclusion? To shed light on this question, we … analyze the behavior of deposits of different account sizes around three significant bank closures in the Philippines. When we … large deposits at the town level, we find no evidence that the closure of a large bank leads to withdrawals by depositors at …

How do real interest rates affect financial fragility? We study this issue in a model in which bank borrowing is … subject to rollover risk. A bank's optimal borrowing trades off the benefit from investing additional funds into profitable … assets with the cost of greater risk of a run by bank creditors. Changes in the interest rate affect the price and amount of …

How do real interest rates affect financial fragility? We study this issue in a model in which bank borrowing is subject … to rollover risk. A bank’s optimal borrowing trades off the benefit from investing additional funds into profitable assets … with the cost of greater risk of a run by bank creditors. Changes in the interest rate affect the price and amount of …

We study bank runs using a novel historical cross-country dataset that covers 184 countries over the past 200 years and … combines a new narrative chronology with statistical indicators of bank deposit withdrawals. We document the following facts …: (i) the unconditional likelihood of a bank run is 1.2% and that of significant deposit withdrawals 12.7%; (ii …

This paper examines common regulation as cause of interbank contagion. Studies based on the correlation of bank assets … that banks have a common regulator. In our model, the failure of one bank can undermine the public's confidence in the … forbearance to the initially failing bank in the hope that it - and hence other vulnerable banks - survives. By contrast, public …

This paper examines common regulation as cause of interbank contagion. Studies based on the correlation of bank assets … that banks have a common regulator. In our model, the failure of one bank can undermine the public's confidence in the … forbearance to the initially failing bank in the hope that it - and hence other vulnerable banks - survives. By contrast, public …

This paper studies bank runs in an extended Diamond and Dybvig model. The model is extended in two ways. One, agents … for bank runs is ambiguous property rights. Sequential conversion is an example of such ambiguity. Demand deposit … insurance eliminates this ambiguity. In this regard, we characterize conditions on the economy where banks can preclude bank …

We employ proprietary data from a large bank to analyze how - during crisis - deposit insurance affects depositor … deposit insurance limit and the implicit deposit insurance had the intended calming effect on depositors. Close depositor-bank …

Using granular data of German banks for the 2003 to 2018 period, we analyse the determinants of bank rates on retail … deposits. We nd that a bank's rate on sight deposits is especially low if the bank operates in rural districts, if it is not … exposed to strong competition and if it provides much service. Regarding the rates on term deposits, we nd that the bank …

Using granular data of German banks for the 2003 to 2018 period, we analyse the determinants of bank rates on retail … deposits. We find that a bank's rate on sight deposits is especially low if the bank operates in rural districts, if it is not … exposed to strong competition and if it provides much service. Regarding the rates on term deposits, we find that the bank …