Raising the deposit-insurance limit: a bad idea whose time has come?

James Thomson

Economic Commentary, 2000, issue Apr

Abstract: Federal deposit insurance protects the savings of small depositors, but it increases the likelihood that banks will take risks they otherwise would not have. Some bankers have suggested doubling the level of coverage to $200,000. While such an increase may put smaller banks on a par with larger ones, it exceeds the amount necessary to protect small savers and is unfair to taxpayers.

Keywords: Deposit; insurance (search for similar items in EconPapers)
Date: 2000
References: Add references at CitEc
Citations:

Downloads: (external link)
https://fraser.stlouisfed.org/title/4515/item/627720 Full Text (text/html)
https://www.clevelandfed.org/-/media/project/cleve ... ime-has-come-pdf.pdf Full Text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedcec:y:2000:i:apr15

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Economic Commentary from Federal Reserve Bank of Cleveland Contact information at EDIRC.
Bibliographic data for series maintained by 4D Library ().