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The national depositor preference law

Author

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  • James B. Thomson

Abstract

A critical analysis of the probable effects of national depositor preference--a provision of the Omnibus Budget Reconciliation Act of 1993--showing that although the FDIC may experience some cost savings in the short term, the long-term benefits are likely to be greatly diminished.

Suggested Citation

  • James B. Thomson, 1994. "The national depositor preference law," Economic Commentary, Federal Reserve Bank of Cleveland, issue Feb.
  • Handle: RePEc:fip:fedcec:y:1994:i:feb15
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    Citations

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    Cited by:

    1. Spiros Bougheas & Alan Kirman, 2016. "Bank Insolvencies, Priority Claims and Systemic Risk," Lecture Notes in Economics and Mathematical Systems, in: Pasquale Commendatore & Mariano Matilla-García & Luis M. Varela & Jose S. Cánovas (ed.), Complex Networks and Dynamics, pages 195-208, Springer.
    2. William P. Osterberg & James B. Thomson, 1997. "Depositor preference legislation and failed banks' resolution costs," Working Papers (Old Series) 9715, Federal Reserve Bank of Cleveland.
    3. John R. Walter, 2004. "Closing troubled banks : how the process works," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 90(Win), pages 51-68.

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