Structuring Deposit Insurance in Europe: Some Considerations and a Regulatory Game

Carmine DiNoia

Center for Financial Institutions Working Papers from Wharton School Center for Financial Institutions, University of Pennsylvania

Abstract: The protection of savings and the creation of insurance schemes is becoming a hot topic for the European Union Regulator: incoming Directives seem to state a sort of "financial guarantee scheme model" valid not only for deposit insurance but also for investor compensation schemes in case of failure of investment firms. The author describes the ongoing process, focusing on the recently approved deposit-guarantee scheme Directive which will compel the Member States to redraw their internal regulation; then, using a very simple game, the author studies the effects on the equilibria of different kinds of institutional regulations. The normative results, especially from this last analysis, are not easy to state: however, using also some results of DiNoia (1994a and 1994b), the author ends up with some suggestions on the way of regulating the single DIAs in the EU Member States.

Date: 1994-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://fic.wharton.upenn.edu/fic/papers/94/9431.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://fic.wharton.upenn.edu/fic/papers/94/9431.pdf [301 Moved Permanently]--> https://wifpr.wharton.upenn.edu/fic/papers/94/9431.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:wop:pennin:94-31

Access Statistics for this paper

More papers in Center for Financial Institutions Working Papers from Wharton School Center for Financial Institutions, University of Pennsylvania Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().