Systemic Risk/Financial Crises

Deposit Inflows and Outflows in Failing Banks: The Role of Deposit Insurance

Using unique, daily, account-level balances data we investigate deposit stability and the drivers of deposit outflows and inflows in a distressed bank. We observe an outflow of uninsured depositors from [...]

By Reference Library|2018-01-01T00:00:00-08:00January 1st, 2018|Financial Regulation, Reference, Systemic Risk/Financial Crises|

Banking on Deposits: Maturity Transformation without Interest Rate Risk

We show that maturity transformation does not expose banks to significant interest rate risk—it actually hedges banks' interest rate risk. We argue that this is driven by banks' deposit franchise. [...]

By Reference Library|2018-01-01T00:00:00-08:00January 1st, 2018|Efficiency/Growth, Financial Regulation, Reference, Systemic Risk/Financial Crises|

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