Deposit insurance is a widely adopted policy to promote financial stability in the banking sector. Deposit insurance … unintended consequence of encouraging banks to take on excessive risk. This paper reviews the economic costs and benefits of … deposit insurance and highlights the importance of institutions and specific design features for how well deposit insurance …

insurance markets. Based on 20 years of insurance premium data from 180 countries, and a similar wealth of data on institutions … and financial market development, the paper presents important correlates of insurance market development. Although the … analysis cannot identify which factors directly cause insurance market growth, the results suggest that interventions aimed at …