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Deposit insurance reform in the FDIC Improvement Act: the experience to date

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Author Info
George J. Benston
George G. Kaufman
Abstract

In 1991, the U.S. adopted fundamental deposit insurance reform in the FDIC Improvement Act. This article reveals why such reform was necessary in light of the severe banking crisis of the 1980s and analyzes its success to date.

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File URL: http://www.chicagofed.org/publications/economicperspectives/1998/ep2Q98_1.pdf
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Publisher Info
Article provided by Federal Reserve Bank of Chicago in its journal Economic Perspectives.

Volume (Year): (1998)
Issue (Month): Q II ()
Pages: 2-20
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Handle: RePEc:fip:fedhep:y:1998:i:qii:p:2-20:n:v.22no.2

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Related research
Keywords: Federal Deposit Insurance Corporation Improvement Act of 1991;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Miller, Geoffrey P., 1996. "Is deposit insurance inevitable? Lessons from Argentina," International Review of Law and Economics, Elsevier, vol. 16(2), pages 211-232, June. [Downloadable!] (restricted)
  2. Joe Peek & Eric S. Rosengren, 1996. "Will legislated early intervention prevent the next banking crisis?," Working Papers 96-5, Federal Reserve Bank of Boston. [Downloadable!]
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  3. Jones, David S. & King, Kathleen Kuester, 1995. "The implementation of prompt corrective action: An assessment," Journal of Banking & Finance, Elsevier, vol. 19(3-4), pages 491-510, June. [Downloadable!] (restricted)
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This page was last updated on 2009-11-18.


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