Kane, Edward J.Demirgüç-Kunt, AsliLaeven, Luc2012-06-212012-06-212006-02https://hdl.handle.net/10986/8744The authors seek to identify factors that influence decisions about a country's financial safety net, using a new dataset on 170 countries covering the 1960-2003 period. Specifically, they focus on how outside influences, economic development, crisis pressures, and political institutions affect deposit insurance adoption and design. Controlling for the influence of economic characteristics and events such as macroeconomic shocks, occurrence and severity of crises, and institutional development, they find that pressure to emulate developed-country regulatory frameworks and power-sharing political institutions dispose a country toward adopting design features that inadequately control risk-shifting.CC BY 3.0 IGOACCOUNTABILITYBANK DEPOSITSBANK REGULATIONBANK RISKBANKING CRISESBANKING CRISISBANKING PANICSBANKING SECTORBANKING SYSTEMBENCHMARKCAPITALIZATIONCOINSURANCECONFIDENCE IN BANKSCOVERAGEDEPOSIT GUARANTEESDEPOSIT INSURANCEDEPOSIT INSURANCE SCHEMESDEPOSIT INSURANCE SYSTEMSDEPOSITORSECONOMICSENDOGENOUS VARIABLESFEDERAL DEPOSIT INSURANCEFEDERAL DEPOSIT INSURANCE CORPORATIONFINANCIAL CRISESFINANCIAL CRISISFINANCIAL INSTITUTIONSFINANCIAL INTERMEDIARIESFINANCIAL INTERMEDIATIONFINANCIAL SECTORFOREIGN CURRENCY DEPOSITSGDPGDP PER CAPITAGROWTH RATEINCOME GROUPSINFLATIONINSOLVENCYINSTITUTIONAL DEVELOPMENTINSTITUTIONAL ENVIRONMENTINSURANCEINSURANCE AGENCIESINSURANCE BENEFITSINSURANCE DESIGNINSURANCE SYSTEMINTEGRITYMACROECONOMIC CONDITIONSMACROECONOMIC SHOCKSMARKET DISCIPLINEMONETARY POLICYMORAL HAZARDNATIONAL ECONOMYOWNERSHIP STRUCTUREPOLITICAL ECONOMYPREDICTIONSPRIVATE BANKSPRIVATIZATIONRATESREAL GDPREAL INTEREST RATEREGULATORY SYSTEMSRESERVE BANK OF NEW ZEALANDSTATISTICAL ANALYSISVOTERSWorld Bank10.1596/1813-9450-3849