Deposit insurance as private club: Is Germany a model?

Quarterly Review of Economics and Finance

Volumn 42, Issue 4, 2002, Pages 701-719

  Beck, Thorsten ^a  

^a WORLD BANK   (United States)

Author keywords

Deposit insurance; German banking sector; Private monitoring

Indexed keywords

EID: 0036387018     PISSN: 10629769     EISSN: None     Source Type: Journal    
DOI: 10.1016/S1062-9769(02)00122-9     Document Type: Article

References (37)

1. Allen, F., & Gale, D. (1994). A welfare comparison of the German and US financial systems. LSE Financial Markets Group Discussion Paper Series 191.
2. Auditing Association of German Banks. (1999). A brief guide. Köln, Germany.
3. Baums, T. (1994). The German banking system and its impacts on corporate finance and governance. Economic Development Institute of the World Bank.
4. Bonus, H., & Schmidt, G. (1990). The cooperative banking group in the Federal Republic of Germany: Aspects of institutional change. Journal of Institutional and Theoretical Economics, 146, 180-207.
5. Bundesverband deutscher Banken. (1999). Statut des Einlagensicherungsfonds. Frankfurt a.M., Germany.
6. Calomiris, C. W. (1989, May/June). Deposit insurance: Lessons from the record, economic perspectives. Federal Reserve Bank of Chicago, 10-30.
7. Calomiris, C. W. (1990). Is deposit insurance necessary? A historical perspective. Journal of Economic History, 50, 283-295.
8. Calomiris, C. W. (1997). The postmodern bank safety net: Lessons from developed and developing economies. Washington, DC: American Enterprise Institute.
9. Cornes, R., & Sandler, T. (1996). The theory of externalities: Public goods and club goods. Cambridge: Cambridge University Press.
10. Delamaide, D. (1984, June). Lessons of a banking crisis. Institutional Investor, 253-258.
11. Demirgüç-Kunt, A., & Detragiache, E. (forthcoming). Does deposit insurance increase banking system stability? Journal of Monetary Economics.
12. Demirgüç-Kunt, A., & Huizinga, H. (1999). Market discipline and financial safety net design. World Bank Policy Research Working Paper 2183.
13. Demirgüç-Kunt, A., & Sobaci, T. (2001). Deposit insurance around the world. World Bank Economic Review, 15, 481-490.
14. Deutsche Bundesbank (1992, July). Deposit protection schemes in the Federal Republic of Germany. Monthly Report of the Deutsche Bundesbank, 28-36.
15. Deutsche Bundesbank. (2000a, February). Monthly Report.
16. Deutsche Bundesbank. (2000b, July). Deposit protection and invesstor compensation in Germany. Monthly Report of the Deutsche Bundesbank, 29-45.
17. Deutsche Bundesbank (2000c, September). The Deutsche Bundesbank's involvement in banking supervision. Monthly Report of the Deutsche Bundesbank, 31-43.
18. Dreher, M. (1998). Die deutsche Einlagensicherung im Bereich der privaten Banken und das Europarecht. Zeitschrift für Wirtschaftsrecht, 43, 1777-1786.
19. Economist. (1974, November 16). Gerling Yields, 114.
20. English, W. B. (1993). The decline of private deposit insurance in the United States. Carnegie-Rochester Conference Series on Public Policy, 38, 57-128.
21. Federal Reserve Bank of New York. (1990). How safety nets work. Central Banking, 2, 61-72.
22. Garcia, G. (1999). Deposit insurance: A survey of actual and best practices. IMF Working Paper 99/54.
23. Gorton, G., & Schmid, F. A. (2000). Universal banking and the performance of German firms. Journal of Financial Economics, 58, 3-27.
24. Gottschalk, A. (1988). Der Stimmrechtseinfluβ der Banken in den Aktionärsversammlungen der Groβunternehmen. WSI Mitteilungen, 41, 294-304.
25. Grant, C. (1984, January). The crash of Ferdinand Graf von Galen. Euromoney, 50-64.
26. Kane, E. (2000). Designing financial safety nets to fit country circumstances. World Bank Policy Research Working Paper 2453.
27. Kane, E., & Hendershott, R. (1996). The federal deposit insurance fund that didn't put a bite on U.S. taxpayers. Journal of Banking and Finance, 20, 1305-1327.
28. Kester, W. C. (1994). Banks in the board room: The American versus Japanese and German experiences. Global Finance Journal, 5, 181-204.
29. Laeven, L. (2002). Bank Risk and Deposit Insurance. World Bank Economic Review, 16, 109-137.
30. La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2001). Government ownership of commercial banks. Journal of Finance, 57, 265-301.
31. Liedtke, W. (1995). Risikoabhängige Prämien bei Einlagensicherungsfonds. Unpublished M.A. thesis, Tübingen, Germany.
32. Roth, M. (1994). "Too-big-to-fail" and the stability of the banking system: Some insights from foreign countries. Business Economics, 29, 43-49.
33. Seuthe, A. (1999). Einlagensicherung and Anlegerentschädigung in Deutschland (unter besonderer Berücksichtigung der EU-rechtlichen Vorgaben). Training material, LZB in NRW, Germany.
34. Shireff, D. (1985, December). The trial of Ferdinand Graf von Galen. Euromoney, 46-60.
35. Shireff, D. (1986, August). Final act in witch-hunt. Euromoney, 16-17.
36. Steuer, S. (1998). Das Gesetz zur Umsetzung der EG-Einlagensicherungs- und Anlegerentschädigungsrichtlinien und seine Umsetzung in der Praxis. Wertpapier-Mitteilungen, 52, 2449-2455.
37. Zimmer, K. (1992). Der EG-Richtlinienentwurf über Einlagensicherungssysteme: Chancen zur Verbesserung der deutschen Einlagensicherung? Zeitschrift für Bankrecht und Bankwirtschaft, 286-298.