Using evidence from Russia, we explore the effect of the introduction of deposit insurance on bank risk. Drawing on … a difference-in-difference setting in which private domestic banks serve as the treatment group and state and foreign …-owned banks, whose deposit insurance regime does not change, serve as a control group. …

Using evidence from Russia, we explore the effect of the introduction of deposit insurance on bank risk. Drawing on … a difference-in-difference setting in which private domestic banks serve as the treatment group and state and foreign …-owned banks, whose deposit insurance regime does not change, serve as a control group. …

We explore how the introduction of explicit deposit insurance affects deposit flows into and out of banks of varying … risk levels. Using evidence from a natural experiment in Russia, we employ a difference-in-difference estimator to isolate …

Using evidence from Russia, we explore the effect of the introduction of deposit insurance on bank risk. Drawing on … the decrease in market discipline after the introduction of deposit insurance, we demonstrate for private, domestic banks … a difference-in-difference setting in which state and foreign-owned banks, whose deposit insurance regime does not …

The case of deposit insurance introduction in Russia may suggest that institutional change in post-socialist economies … under which explicit deposit insurance emerged in Russia might explain its subsequent (mal-)functioning and social costs … key actors (large banks controlling most household deposits and their depositors) did not demand hard a formal scheme of …

We explore how the introduction of explicit deposit insurance affects deposit flows into and out of banks of varying … risk levels. Using evidence from a natural experiment in Russia, we employ a difference-in-difference estimator to isolate …

This paper analyzes the influence of market discipline on the risk-taking incentives of banks. It is shown that market … discipline reduces risk if banks can credibly commit to a given level of risk before the interest rate on deposits is set. If … in risk. The reason is that rational depositors anticipate the banks' behavior and therefore ask for a higher risk …

The case of deposit insurance introduction in Russia may suggest that institutional change in transition economies was … explicit deposit insurance emerged in Russia might explain its subsequent (mal-)functioning and social costs. Material and … (large banks controlling most household deposits and their depositors) did not demand hard a formal scheme of deposit …

This paper analyzes the influence of market discipline on the risk-taking incentives of banks. It is shown that market … discipline reduces risk if banks can credibly commit to a given level of risk before the interest rate on deposits is set. If … in risk. The reason is that rational depositors anticipate the banks' behavior and therefore ask for a higher risk …

This paper analyzes the influence of market discipline on the risk-taking incentives of banks. It is shown that market … discipline reduces risk if banks can credibly commit to a given level of risk before the interest rate on deposits is set. If … in risk. The reason is that rational depositors anticipate the banks' behavior and therefore ask for a higher risk …