Hwang, Dar-Yeh; Shie, Fu-Shuen; Wang, Kehluh; Lin, Jung-Chu - In: Journal of Banking & Finance 33 (2009) 10, pp. 1909-1919
The paper aims to study the pricing issue of deposit insurance with explicit consideration of bankruptcy costs and closure policies. Full coverage from deposit insurance is imposed by many regulators to stabilize the banking system in the current financial crisis, despite of the potential moral...