IDEAS home Printed from https://ideas.repec.org/a/abk/jajeba/ajebasp.2011.293.300.html
   My bibliography  Save this article

The Empirical Study of Japanese Deposit Withdrawal Behaviors on Unstable Financial Environment

Author

Listed:
  • Toshihiko Takemura
  • Takashi Kozu
  • Tetsuro Kobayashi

Abstract

Problem statement: We need to analyze to withdrawal behavior rather than deposit behavior on the situation which financial institutions might fail. However, there are few studies on withdrawal behavior although there are various studies on individual deposit behavior. Approach: Our purpose of this study is to investigate relationships between individual’s deposit withdrawal behavior and economic and psychological factors using micro data from an Internet (Web-based) survey. Results: We confirm that individual’s withdrawal behavior is strongly affected by not only economic factors, but also psychological factors. In many cases, sign of estimated coefficient of economic factors are consistent with theory of economic behavior. In addition, effects of psychological factors such as degree of trust in information sources and degree of risk aversion are not uniformly against individual’s deposit-withdrawal behavior. Furthermore, we confirm that the probability that they carelessly withdraw their deposits tends to be lower if individuals correctly understand Japanese deposit insurance scheme. Conclusion: For reducing the ratio of individuals who do not correctly understand the Japanese deposit insurance scheme, we propose that the government should announce and educate the scheme to people strongly.

Suggested Citation

  • Toshihiko Takemura & Takashi Kozu & Tetsuro Kobayashi, 2011. "The Empirical Study of Japanese Deposit Withdrawal Behaviors on Unstable Financial Environment," American Journal of Economics and Business Administration, Science Publications, vol. 3(2), pages 293-300, April.
    • Handle: RePEc:abk:jajeba:ajebasp.2011.293.300
    DOI: 10.3844/ajebasp.2011.293.300
    as

    Download full text from publisher

    File URL: https://thescipub.com/pdf/ajebasp.2011.293.300.pdf
    Download Restriction: no
    File URL: https://thescipub.com/abstract/ajebasp.2011.293.300
    Download Restriction: no
    File URL: https://libkey.io/10.3844/ajebasp.2011.293.300?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Natanael Waraney Gerald Massie & Chaikal Nuryakin, 2020. "When Prime Depositors Run On The Banks: A Behavioral Approach," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 23(1), pages 139-152, April.
    2. Edwin Weinstein & Gulnur Muradoglu, 2023. "Who Wil Run Their Bank?," IADI Sponsored Papers 3, International Association of Deposit Insurers.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:abk:jajeba:ajebasp.2011.293.300. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jeffery Daniels (email available below). General contact details of provider: https://thescipub.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.