Market discipline and deposit insurance in Russia

No 14/2008, BOFIT Discussion Papers from Bank of Finland Institute for Emerging Economies (BOFIT)

Abstract: The paper presents a study of Russian banks' interest rates on household deposits during the formation period of the deposit insurance system. It is shown that market discipline weakened after deposit insurance was effectively in place.

Keywords: deposit insurance; market discipline; deposit interest rates (search for similar items in EconPapers)
JEL-codes: G21 G28 P37 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:bofitp:bdp2008_014

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