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Merton et al., 1993 - Google Patents

Deposit insurance reform: a functional approach

Merton et al., 1993

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Document ID
6447452090806340938
Author
Merton R
Bodie Z
Publication year
Publication venue
Carnegie-Rochester Conference Series on Public Policy

External Links

Snippet

The current system of deposit insurance has a basic structural problem because there is a mismatch between the deposits insured by the FDIC and the “opaque” and illiquid bank loans used to collateralize those insured deposits. There may have been, at one time …
Continue reading at citeseerx.ist.psu.edu (PDF) (other versions)

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