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The costs of government assistance to banks depend on the way rescues are managed. The cnetral questions of policy reference do not revolve around whether to bail out banks, but rather around the choice of which banks to rescue and the means for doing so. If a rescue is handled skillfully, the...
Persistent link: https://www.econbiz.de/10012469074
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...
Persistent link: https://www.econbiz.de/10012474288
The lack of universal deposit insurance coverage can create liquidity risk during financial crises. This aspect of deposit insurance is hard to test in modern data because of the broad coverage of most systems. We, therefore, study the role that the U.S. Postal Savings System played in...
Persistent link: https://www.econbiz.de/10014512138
We analyze U.S. banks' asset exposure to a recent rise in the interest rates with implications for financial stability. The U.S. banking system's market value of assets is $2 trillion lower than suggested by their book value of assets accounting for loan portfolios held to maturity....
Persistent link: https://www.econbiz.de/10014247969
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sector managers can signal reform effectiveness through personal commitment, acting as leaders …
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Education 2011 duty hour reform, which lowered trainee work hours, impacted the birth outcomes of babies born to physicians … driven by physicians in surgical specialties. However, the duty hour reform appears to not have impacted birth outcomes. Thus …, we find that physicians tend to have worse birth outcomes than lawyers and, in this case, the work reform did little to …
Persistent link: https://www.econbiz.de/10014447276
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macroeconomic and bank regulatory reform. Bank regulatory policy promoted privatization, financial liberalization, and free entry …
Persistent link: https://www.econbiz.de/10012471046