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Equity, efficiency, and mispriced deposit guarantees

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  • James B. Thomson

Abstract

A discussion of federal deposit insurance, with the contention that it can be misused and can help destabilize the financial system by permitting insured institutions to take irresponsible risks.

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Bibliographic Info

Article provided by Federal Reserve Bank of Cleveland in its journal Economic Commentary.

Volume (Year): (1986)
Issue (Month): Jul ()
Pages:

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Handle: RePEc:fip:fedcec:y:1986:i:jul15

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Keywords: Deposit insurance;

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