Deposit Insurance During EU Accession

Nikolay Nenovsky () and Kalina Dimitrova ()
Authors registered in the RePEc Author Service: Kalina Dimitrova Hadjinedelcheva ()

William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan

Abstract: The paper presents a brief review of the systems of deposit insurance in accession countries, comparing their level of harmonization with the perspective of their EU integration. Studying the different practices of deposit insurance in the context of developing financial safety nets in future Europe we have found that: (i) there is overinsurance of deposits in accession countries, and (ii) that this could lead to increasing moral hazard, incentives deformation and increasing costs of banking intermediation in the whole euro area.

Keywords: deposits insurance; financial regulation; accession countries (search for similar items in EconPapers)
JEL-codes: G1 P2 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2003-10-01
New Economics Papers: this item is included in nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Related works:
Working Paper: Deposits insurance during EU accession (2003)
Working Paper: Deposits insurance during EU accession (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:wdi:papers:2003-617

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