The European Deposit Insurance Scheme: Assessing risk absorption via SYMBOL

Lucia Alessi, Giuseppina Cannas (), Sara Maccaferri and Marco Petracco Giudici
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Giuseppina Cannas: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en

No 2017-12, JRC Working Papers in Economics and Finance from Joint Research Centre, European Commission

Abstract: In November 2015, the European Commission adopted a legislative proposal to set up a European Deposit Insurance Scheme (EDIS), a single deposit insurance system for all bank deposits in the Banking Union. JRC was requested to quantitatively assess the effectiveness of introducing a single deposit insurance scheme and to compare it with other alternative options for the set-up of such insurance at European level. JRC compared national Deposit Guarantee Schemes and EDIS based on their respective ability to cover insured deposits in the face of a banking crisis. Analyses are based upon the results of the SYMBOL model simulation of banks’ failures.

Keywords: banking regulation; banking crisis; deposit insurance (search for similar items in EconPapers)
JEL-codes: C15 G01 G21 G28 (search for similar items in EconPapers)
Pages: 45 pages
Date: 2017-12
New Economics Papers: this item is included in nep-ban, nep-cba, nep-cmp, nep-eec, nep-ias and nep-rmg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published by Publications office of the European Union, 2017

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Persistent link: https://EconPapers.repec.org/RePEc:jrs:wpaper:201712

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