Financial Inclusion for Financial Stability : Access to Bank Deposits and the Growth of Deposits in the Global Financial Crisis
In crisis times, depositors get anxious, can run on banks, and withdraw their deposits. Correlated withdrawals of bank deposits could be mitigated if bank deposits are more diversified, that is, held by more individuals. This paper examines the link between the broader access to bank deposits prior to the 2008 crisis and the dynamics of bank deposit growth during the crisis, while controlling for relevant covariates. Employing proxies for access to deposits and the use of bank deposits, the authors find that greater access to bank deposits can make the deposit funding base of banks more resilient in times of financial stress. Policy efforts to enhance financial stability should thus not only focus on macroprudential regulation, but also recognize the positive effect of broader access to bank deposits on financial stability
Year of publication: |
2017
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Authors: | Han, Rui |
Other Persons: | Melecky, Martin (contributor) |
Publisher: |
[2017]: [S.l.] : SSRN |
Subject: | Finanzkrise | Financial crisis | Einlagengeschäft | Deposit banking | Welt | World | Finanzielle Inklusion | Financial inclusion |
Saved in:
freely available
Extent: | 1 Online-Ressource (27 p) |
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Series: | World Bank Policy Research Working Paper ; No. 6577 |
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 1, 2013 erstellt |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012974070