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Dynamic Depositor Discipline in U.S. Banks
By:Kathleen McDill,Andrea M. Maechler
Published on 2003-11-01 by International Monetary Fund

This paper investigates the presence of depositor discipline in the U.S. banking sector. We test whether depositors penalize (discipline) banks for poor performance by withdrawing their uninsured deposits. While focusing on the movements in uninsured deposits, we also account for the possibility that banks may be forced to pay a risk premium in the form of higher interest rates to induce depositors not to withdraw their uninsured deposits. Our results support the existence of depositor discipline: a weak bank may not necessarily be able to stop a deposit drain by raising its uninsured deposit interest rates.
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Book ID of Dynamic Depositor Discipline in U.S. Banks's Books is L_CppOhyuycC, Book which was written byKathleen McDill,Andrea M. Maechlerhave ETAG "iaFtjVr7sJk"
Book which was published by International Monetary Fund since 2003-11-01 have ISBNs, ISBN 13 Code is 9781452759111 and ISBN 10 Code is 1452759111
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