Anginer, Deniz; Demirguc-Kunt, Asli; Zhu, Min - In: Journal of Banking & Finance 48 (2014) C, pp. 312-321
Deposit insurance is widely offered in a number of countries as part of a financial system safety net to promote stability. An unintended consequence of deposit insurance is the reduction in the incentive of depositors to monitor banks which lead to excessive risk-taking. We examine the relation...