Plausibly Exogenous [848] - Deposit Insurance (05/16/2022)
LHS Variable
Market discipline
RHS Variable
Deposit insurance
Source of Exogenous Variation
In 2004, a comprehensive deposit insurance scheme was introduced to cover all household deposits in Russian banks. Deposits of firms, however, were left uncovered.
- Karas, Pyle, and Schoors (2013), “Deposit Insurance, Banking Crises, and Market Discipline: Evidence from a Natural Experiment on Deposit Flows and Rates”