| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w4648 |
| 来源ID | Working Paper 4648 |
| \"The Federal Deposit Insurance Fund That Didn't Put A Bite on U.S. Tax Payers\" | |
| Edward J. Kane; Robert Hendershott | |
| 发表日期 | 1994-02-01 |
| 出版年 | 1994 |
| 语种 | 英语 |
| 摘要 | Unlike the Federal Savings and Loan Insurance Corporation and the Bank Insurance Fund, the National Credit Union Share Insurance Fund (NCUSIF) entered the 1990s in a state of accounting solvency. This paper develops evidence to show the more important fact that NCUSIF remained solvent in a market-value sense as well. Differences in institutional product lines and risk-taking opportunities between credit unions and banks and thrifts are not consequential enough to explain the differences in their funds' health. This paper explains how differences in decisionmaking environments made managerial and regulatory risk-taking incentives in the credit-union industry diverge substantially from those governing banks and S&Ls. The differences in incentive structure support the hypothesis that private coinsurance could lessen taxpayer loss exposure elsewhere in the federal deposit insurance system. |
| 主题 | Financial Economics ; Financial Institutions |
| URL | https://www.nber.org/papers/w4648 |
| 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/562034 |
| 推荐引用方式 GB/T 7714 | Edward J. Kane,Robert Hendershott. \"The Federal Deposit Insurance Fund That Didn't Put A Bite on U.S. Tax Payers\". 1994. |
| 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 | ||
| w4648.pdf（217KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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