| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w3314 |
| 来源ID | Working Paper 3314 |
| Risk Adjusted Deposit Insurance for Japanese Banks | |
| Ryuzo Sato; Rama V. Ramachandran; Bohyong Kang | |
| 发表日期 | 1990-04-01 |
| 出版年 | 1990 |
| 语种 | 英语 |
| 摘要 | The purpose of this paper is to evaluate the Japanese deposit insurance scheme by contrasting the flat insurance rate with a market-determined risk-adjusted rate. The model used to calculate the risk-adjusted rate is that of Ronn and Verrna (1986) . It utilizes the notion of Merton(1977) that the deposit insurance can be based on a one-to-one relation between it and the put option; this permits the application of Black and Scholes(1973) model for the calculation of the insurance rate. The risk adjusted premiums are calculated for the thirteen city banks and twenty-two regional banks. The inter-bank spread in risk-adjusted rates in Japan is found to be as wide as in the United States. But the insurance system is only one component of the safety network for a county's banking system. The difference in the American and Japanese networks is described and its implications for the evaluation of the insurance system is discussed. |
| 主题 | Macroeconomics |
| URL | https://www.nber.org/papers/w3314 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/560602 |
| 推荐引用方式 GB/T 7714 | Ryuzo Sato,Rama V. Ramachandran,Bohyong Kang. Risk Adjusted Deposit Insurance for Japanese Banks. 1990. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w3314.pdf（221KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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