Iyer, Rajkamal; Puri, Manju - In: American Economic Review 102 (2012) 4, pp. 1414-45
We use unique depositor-level data for a bank that faced a run to understand the factors that affect depositor behavior. We find uninsured depositors are most likely to run. Deposit insurance helps, but is only partially effective. Bank-depositor relationships mitigate runs, suggesting that...