| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1950 |
| DP1950 Expansion of Banking Scale and Scope: Don't Banks Know the Value of Focus | |
| Anjan Thakor; Arnoud Boot; Todd Milbourn | |
| 发表日期 | 1998-08-31 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | This paper studies the impact of competition on the determination of interest rates, and on banks? risk taking behaviour, under different assumptions about deposit insurance and the dissemination of financial information. We find that lower entry costs foster competition in deposit rates and reduce banks? incentives to limit risk exposure. While higher insurance coverage amplifies this effect, two alternative arrangements (risk based contributions to the deposit insurance fund, and public disclosure of financial information) contribute to reduce it. Moreover, uninsured but fully informed depositors and risk based full deposit insurance yield the same, entry cost independent, equilibrium risk level. The welfare implications of the different arrangements are also explored. |
| 主题 | Financial Economics |
| 关键词 | Bank competition Banks Deposit insurance Financial opening Information disclosure Monopolistic competition Risk |
| URL | https://cepr.org/publications/dp1950 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531083 |
| 推荐引用方式 GB/T 7714 | Anjan Thakor,Arnoud Boot,Todd Milbourn. DP1950 Expansion of Banking Scale and Scope: Don't Banks Know the Value of Focus. 1998. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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