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Evropské systémy pojištění vkladů: důsledky změn z roku 2008
[Impact of Parametric Changes in Deposit Insurance Schemes in 2008]

Author

Listed:
  • Veronika Holá
  • Petr Jakubík

Abstract

This study examines the question whether uncoordinated steps of some EU states changing their deposit insurance schemes in the middle of 2008 could have led to shift of deposits among EU countries. The paper deals with changes of the rules which were introduced at the end of year 2008, and concerns with the amended Directive on Deposit Guarantee Schemes. Empirical analysis concentrates on the impact of state guarantees on the deposit grow rate in individual states. In the final part, we discuss the consequences of recent development.

Suggested Citation

  • Veronika Holá & Petr Jakubík, 2011. "Evropské systémy pojištění vkladů: důsledky změn z roku 2008 [Impact of Parametric Changes in Deposit Insurance Schemes in 2008]," Politická ekonomie, Prague University of Economics and Business, vol. 2011(5), pages 659-679.
    • Handle: RePEc:prg:jnlpol:v:2011:y:2011:i:5:id:813:p:659-679
    DOI: 10.18267/j.polek.813
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    References listed on IDEAS

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    9. Sebastian Schich, 2009. "Expanded government guarantees for bank liabilities: Selected issues," OECD Journal: Financial Market Trends, OECD Publishing, vol. 2009(1), pages 89-123.
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    More about this item

    Keywords

    financial crisis; European Union; Moral hazard; Deposit Insurance; coverage limit; state guarantee;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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