Deposit Insurance and Depositor Monitoring: Quasi-Experimental Evidence from the Creation of the Fed...
Deposit Insurance and Depositor Monitoring: Quasi-Experimental Evidence from the Creation of the Federal Deposit Insurance Corporation
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Cambridge: National Bureau of Economic Research, Inc
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English
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Cambridge: National Bureau of Economic Research, Inc
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Working Paper No. 23828 In the Banking Acts of 1933 and 1935, the United States created the Federal Deposit Insurance Corporation, which ensured deposits in commercial banks up to $5,000. Congress capped the size of insured deposits so that small depositors would not run on banks, but large and informed depositors - such as firms and investors - wo...
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Deposit Insurance and Depositor Monitoring: Quasi-Experimental Evidence from the Creation of the Federal Deposit Insurance Corporation
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TN_cdi_proquest_journals_1939790489
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1939790489
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ISSN
0898-2937
DOI
10.3386/w23828
