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Author: | Niinimäki, J.-P. |
Title: | Fairly priced deposit insurance under adverse selection |
Journal: | Finnish Economic Papers
2003 : SPRING, VOL. 16:1, p. 38-48 |
Index terms: | Banking Regulations Deposit insurance Pricing |
Language: | eng |
Abstract: | Fair pricing of deposit insurabce represents one of the most difficult problems of bank regulation. The paper introduces an incentive compatible mechanism such that fair (risk-based) deposit insurance premiums can be achieved under adverse selection. |
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