| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24936 |
| 来源ID | Working Paper 24936 |
| The Spread of Deposit Insurance and the Global Rise in Bank Asset Risk since the 1970s | |
| Charles W. Calomiris; Sophia Chen | |
| 发表日期 | 2018-08-27 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | We construct a new measure of the changing generosity of deposit insurance for many countries, empirically model the international influences on the adoption and generosity of deposit insurance, and show that the expansion of deposit insurance generosity increased asset risk in banking systems. We consider three asset risk measures: higher loans-to-assets, a higher proportion of lending to households, and a higher proportion of mortgage lending. None of the observed increases in these indicators is offset by declines in banking system leverage. We show that increased asset risk explains at least part of the positive association between deposit insurance and the likelihood and severity of systemic banking crises. |
| 主题 | Macroeconomics ; Business Cycles ; International Economics ; Globalization and International Relations ; Financial Economics ; Financial Markets ; Financial Institutions |
| URL | https://www.nber.org/papers/w24936 |
| 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/582610 |
| 推荐引用方式 GB/T 7714 | Charles W. Calomiris,Sophia Chen. The Spread of Deposit Insurance and the Global Rise in Bank Asset Risk since the 1970s. 2018. |
| 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 | ||
| w24936.pdf（1275KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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