Does Deposit Insurance Matter? Behavioral Evidence from Indonesia
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Antoine Martin, 2006.
"Liquidity provision vs. deposit insurance: preventing bank panics without moral hazard,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 28(1), pages 197-211, May.
- Antoine Martin, 2001. "Liquidity provision vs. deposit insurance : preventing bank panics without moral hazard?," Research Working Paper RWP 01-05, Federal Reserve Bank of Kansas City.
- Tversky, Amos & Kahneman, Daniel, 1992. "Advances in Prospect Theory: Cumulative Representation of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 297-323, October.
- Douglas W. Diamond & Philip H. Dybvig, 2000.
"Bank runs, deposit insurance, and liquidity,"
Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 24(Win), pages 14-23.
- Diamond, Douglas W & Dybvig, Philip H, 1983. "Bank Runs, Deposit Insurance, and Liquidity," Journal of Political Economy, University of Chicago Press, vol. 91(3), pages 401-419, June.
- Boyle, Glenn & Stover, Roger & Tiwana, Amrit & Zhylyevskyy, Oleksandr, 2015.
"The impact of deposit insurance on depositor behavior during a crisis: A conjoint analysis approach,"
Journal of Financial Intermediation, Elsevier, vol. 24(4), pages 590-601.
- Boyle, Glenn & Stover, Roger & Tiwana, Amrit & Zhylyevskyy, Oleksandr, 2015. "The Impact of Deposit Insurance on Depositor Behavior During a Crisis: A Conjoint Analysis Approach," Staff General Research Papers Archive 38656, Iowa State University, Department of Economics.
- Boyle, Glenn & Stover, Roger D. & Tiwana, Amrit & Zhylyevskyy, Oleksandr, 2015. "The impact of deposit insurance on depositor behavior during a crisis: A conjoint analysis approach," ISU General Staff Papers 201501010800001042, Iowa State University, Department of Economics.
- Stephan Meier & Charles Sprenger, 2010.
"Present-Biased Preferences and Credit Card Borrowing,"
American Economic Journal: Applied Economics, American Economic Association, vol. 2(1), pages 193-210, January.
- Meier, Stephan & Sprenger, Charles, 2009. "Present-Biased Preferences and Credit Card Borrowing," IZA Discussion Papers 4198, Institute of Labor Economics (IZA).
- Asli Demirgüç-Kunt & Edward J. Kane & Luc Laeven, 2014.
"Deposit Insurance Database,"
NBER Working Papers
20278, National Bureau of Economic Research, Inc.
- Demirguc-Kunt, Asli & Kane, Edward & Laeven, Luc, 2014. "Deposit insurance database," Policy Research Working Paper Series 6934, The World Bank.
- Asli Demirgüç-Kunt & Edward Kane & Mr. Luc Laeven, 2014. "Deposit Insurance Database," IMF Working Papers 2014/118, International Monetary Fund.
- De Grauwe, Paul & Ji, Yuemei, 2013.
"Self-fulfilling crises in the Eurozone: An empirical test,"
Journal of International Money and Finance, Elsevier, vol. 34(C), pages 15-36.
- De Grauwe, Paul & Ji, Yuemei, 2012. "Self-Fulfilling Crises in the Eurozone: An Empirical Test," CEPS Papers 7085, Centre for European Policy Studies.
- Paul De Grauwe & Yuemei Ji, 2012. "Self-Fulfilling Crises in the Eurozone. An Empirical Test," CESifo Working Paper Series 3821, CESifo.
- de Grauwe, Paul & Ji, Yuemei, 2013. "Self-fulfilling crises in the Eurozone: an empirical test," LSE Research Online Documents on Economics 49648, London School of Economics and Political Science, LSE Library.
- Paul De Grauwe & Yuemei Ji, 2012. "Self-Fulfilling Crises in the Eurozone. An Empirical Test," CAMA Working Papers 2012-37, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- 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.
- Natanael Waraney Gerald Massie & Chaikal Nuryakin, 2017. "When Prime Depositors Run on the Banks: A Behavioral Approach," LPEM FEBUI Working Papers 201712, LPEM, Faculty of Economics and Business, University of Indonesia, revised Sep 2017.
- Chari, V V & Jagannathan, Ravi, 1988. " Banking Panics, Information, and Rational Expectations Equilibrium," Journal of Finance, American Finance Association, vol. 43(3), pages 749-761, July.
- Stefano DellaVigna & Ulrike Malmendier, 2006. "Paying Not to Go to the Gym," American Economic Review, American Economic Association, vol. 96(3), pages 694-719, June.
- Charness, Gary & Gneezy, Uri & Imas, Alex, 2013. "Experimental methods: Eliciting risk preferences," Journal of Economic Behavior & Organization, Elsevier, vol. 87(C), pages 43-51.
- Matthew Rabin & Ted O'Donoghue, 1999.
"Doing It Now or Later,"
American Economic Review, American Economic Association, vol. 89(1), pages 103-124, March.
- Ted O'Donoghue & Matthew Rabin, 1996. "Doing It Now or Later," Discussion Papers 1172, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- O'Donoghue, Ted & Rabin, Matthew, 1997. "Doing It Now or Later," Department of Economics, Working Paper Series qt7t44m5b0, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Ted O'Donoghue and Matthew Rabin ., 1997. "Doing It Now or Later," Economics Working Papers 97-253, University of California at Berkeley.
- Eckel, Catherine C. & Grossman, Philip J., 2008.
"Men, Women and Risk Aversion: Experimental Evidence,"
Handbook of Experimental Economics Results, in: Charles R. Plott & Vernon L. Smith (ed.), Handbook of Experimental Economics Results, edition 1, volume 1, chapter 113, pages 1061-1073,
Elsevier.
- Catherine C. Eckel & Philip J. Grossman, 2008. "Sex and Risk: Experimental Evidence," Monash Economics Working Papers archive-09, Monash University, Department of Economics.
- Yehning Chen, 1999. "Banking Panics: The Role of the First-Come, First-Served Rule and Information Externalities," Journal of Political Economy, University of Chicago Press, vol. 107(5), pages 946-968, October.
- Schotter, Andrew & Yorulmazer, Tanju, 2009. "On the dynamics and severity of bank runs: An experimental study," Journal of Financial Intermediation, Elsevier, vol. 18(2), pages 217-241, April.
- Charles A. Holt & Susan K. Laury, 2002. "Risk Aversion and Incentive Effects," American Economic Review, American Economic Association, vol. 92(5), pages 1644-1655, December.
- Demirgüç-Kunt, Asli & Kane, Edward J. & Laeven, Luc, 2008.
"Determinants of deposit-insurance adoption and design,"
Journal of Financial Intermediation, Elsevier, vol. 17(3), pages 407-438, July.
- Demirguc-Kunt, Asli & Kane, Edward J. & Laeven, Luc, 2006. "Determinants of deposit-insurance adoption and design," Policy Research Working Paper Series 3849, The World Bank.
- Asli Demirguc-Kunt & Edward J. Kane & Luc Laeven, 2007. "Determinants of Deposit-Insurance Adoption and Design," NBER Working Papers 12862, National Bureau of Economic Research, Inc.
- Kuhberger, Anton & Schulte-Mecklenbeck, Michael & Perner, Josef, 1999. "The Effects of Framing, Reflection, Probability, and Payoff on Risk Preference in Choice Tasks, ," Organizational Behavior and Human Decision Processes, Elsevier, vol. 78(3), pages 204-231, June.
- Hyun Song Shin, 2009. "Reflections on Northern Rock: The Bank Run That Heralded the Global Financial Crisis," Journal of Economic Perspectives, American Economic Association, vol. 23(1), pages 101-119, Winter.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Laureti, Carolina & Szafarz, Ariane, 2023.
"Banking regulation and costless commitment contracts for time-inconsistent agents,"
Economic Modelling, Elsevier, vol. 129(C).
- Carolina Laureti & Ariane Szafarz, 2023. "Banking Regulation and Costless Commitment Contracts for Time-Inconsistent Agents," Working Papers CEB 23-010, ULB -- Universite Libre de Bruxelles.
- Markus Kinateder & Hubert János Kiss & Ágnes Pintér, 2020. "Would depositors pay to show that they do not withdraw? Theory and experiment," Experimental Economics, Springer;Economic Science Association, vol. 23(3), pages 873-894, September.
- Rajkamal Iyer & Thais Jensen, & Niels Johannesen & Adam Sheridan, 2016. "The Run for Safety: Financial Fragility and Deposit Insurance," EPRU Working Paper Series 1602, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
- Stefano DellaVigna, 2009.
"Psychology and Economics: Evidence from the Field,"
Journal of Economic Literature, American Economic Association, vol. 47(2), pages 315-372, June.
- Stefano DellaVigna, 2007. "Psychology and Economics: Evidence from the Field," NBER Working Papers 13420, National Bureau of Economic Research, Inc.
- Alex Imas & Sally Sadoff & Anya Samek, 2017.
"Do People Anticipate Loss Aversion?,"
Management Science, INFORMS, vol. 63(5), pages 1271-1284, May.
- Alex Imas & Sally Sadoff & Anya Samek, 2015. "Do People Anticipate Loss Aversion?," CESifo Working Paper Series 5277, CESifo.
- Alex Imas & Sally Sadoff & Anya Samek, 2015. "Do People Anticipate Loss Aversion," Framed Field Experiments 00415, The Field Experiments Website.
- Chakravarty, Surajeet & Fonseca, Miguel A. & Kaplan, Todd R., 2014.
"An experiment on the causes of bank run contagions,"
European Economic Review, Elsevier, vol. 72(C), pages 39-51.
- Surajeet Chakravarty & Miguel A. Fonseca & Todd Kaplan, 2012. "An Experiment on the Causes of Bank Run Contagions," Discussion Papers 1206, University of Exeter, Department of Economics.
- Xavier Vives, 2014.
"Strategic Complementarity, Fragility, and Regulation,"
The Review of Financial Studies, Society for Financial Studies, vol. 27(12), pages 3547-3592.
- Vives, Xavier, 2011. "Strategic complementarity, fragility, and regulation," IESE Research Papers D/928, IESE Business School.
- Xavier Vives, 2012. "Strategic Complementarity, Fragility, and Regulation," 2012 Meeting Papers 789, Society for Economic Dynamics.
- Vives, Xavier, 2011. "Strategic Complementarity, Fragility, and Regulation," CEPR Discussion Papers 8444, C.E.P.R. Discussion Papers.
- Xavier Vives, 2011. "Strategic Complementarity, Fragility, and Regulation," CESifo Working Paper Series 3507, CESifo.
- Goldstein, Itay & Razin, Assaf, 2015.
"Three Branches of Theories of Financial Crises,"
Foundations and Trends(R) in Finance, now publishers, vol. 10(2), pages 113-180, 30.
- Itay Goldstein & Assaf Razin, 2013. "Three Branches of Theories of Financial Crises," NBER Working Papers 18670, National Bureau of Economic Research, Inc.
- Una Okonkwo Osili & Anna L. Paulson, 2008.
"Bank crises and investor confidence,"
Working Paper Series
WP-08-17, Federal Reserve Bank of Chicago.
- Una Okonkwo Osili & Anna Paulson, 2009. "Bank Crises and Investor Confidence," Working Papers 09-02, Center for Economic Studies, U.S. Census Bureau.
- Una Okonkwo Osili & Anna Paulson, 2009. "Bank Crises and Investor Confidence," NFI Working Papers 2009-WP-01, Indiana State University, Scott College of Business, Networks Financial Institute.
- Martin Brown & Stefan T. Trautmann & Razvan Vlahu, 2017.
"Understanding Bank-Run Contagion,"
Management Science, INFORMS, vol. 63(7), pages 2272-2282, July.
- Brown, Martin & Trautmann, Stefan T. & Vlahu, Razvan, 2014. "Understanding bank-run contagion," Working Paper Series 1711, European Central Bank.
- Galizzi, Matteo M. & Miraldo, Marisa & Stavropoulou, Charitini & van der Pol, Marjon, 2016.
"Doctor–patient differences in risk and time preferences: A field experiment,"
Journal of Health Economics, Elsevier, vol. 50(C), pages 171-182.
- Galizzi, Matteo M. & Miraldo, Marisa & Stavropoulou, Charitini & van der Pol, Marjon, 2016. "Doctor–patient differences in risk and time preferences: a field experiment," LSE Research Online Documents on Economics 68143, London School of Economics and Political Science, LSE Library.
- Tomomi Tanaka & Colin F Camerer & Quang Nguyen, 2006. "Poverty, politics, and preferences: Field Experiments and survey data from Vietnam," Levine's Bibliography 122247000000001099, UCLA Department of Economics.
- Brown, Martin & Trautmann, Stefan T. & Vlahu, Razvan, 2012.
"Contagious Bank Runs: Experimental Evidence,"
Working Papers on Finance
1207, University of St. Gallen, School of Finance.
- Martin Brown & Stefan Trautmann & Razvan Vlahu, 2012. "Contagious Bank Runs: Experimental Evidence," DNB Working Papers 363, Netherlands Central Bank, Research Department.
- Jan Libich & Dat Thanh Nguyen & Hubert Janos Kiss, 2023. "Running Out of Bank Runs," Journal of Financial Services Research, Springer;Western Finance Association, vol. 64(1), pages 1-39, August.
- Paolo Crosetto & Antonio Filippin, 2013.
"A Theoretical and Experimental Appraisal of Five Risk Elicitation Methods,"
Jena Economics Research Papers
2013-009, Friedrich-Schiller-University Jena.
- Paolo Crosetto & Antonio Filippin, 2013. "A Theoretical and Experimental Appraisal of Five Risk Elicitation Methods," SOEPpapers on Multidisciplinary Panel Data Research 547, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Skeie, David R., 2008.
"Banking with nominal deposits and inside money,"
Journal of Financial Intermediation, Elsevier, vol. 17(4), pages 562-584, October.
- David R. Skeie, 2008. "Banking with nominal deposits and inside money," Staff Reports 242, Federal Reserve Bank of New York.
- Julia Ihli, Hanna & Chiputwa, Brian & Winter, Etti & Gassner, Anja, 2022. "Risk and time preferences for participating in forest landscape restoration: The case of coffee farmers in Uganda," World Development, Elsevier, vol. 150(C).
- 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.
- Natanael Waraney Gerald Massie & Chaikal Nuryakin, 2017. "When Prime Depositors Run on the Banks: A Behavioral Approach," LPEM FEBUI Working Papers 201712, LPEM, Faculty of Economics and Business, University of Indonesia, revised Sep 2017.
- Chakravarty, Surajeet & Choo, Lawrence & Fonseca, Miguel A. & Kaplan, Todd R., 2021.
"Should regulators always be transparent? a bank run experiment,"
European Economic Review, Elsevier, vol. 136(C).
- Chakravarty, Surajeet & Choo, Lawrence & Fonseca, Miguel A. & Kaplan, Todd R., 2020. "Should regulators always be transparent? A bank run experiment," MPRA Paper 99948, University Library of Munich, Germany.
- Robert Shupp & Scott Loveridge & Mark Skidmore & Jungmin Lim & Cynthia Rogers, 2017. "Risk, Loss, and Ambiguity Aversion after a Natural Disaster," Economics of Disasters and Climate Change, Springer, vol. 1(2), pages 121-142, July.
More about this item
Keywords
Bank runs — deposit insurance characterization — time preferences — risk preferences — contagion;JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- G01 - Financial Economics - - General - - - Financial Crises
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
NEP fields
This paper has been announced in the following NEP Reports:- NEP-IAS-2018-11-19 (Insurance Economics)
- NEP-SEA-2018-11-19 (South East Asia)
Statistics
Access and download statisticsCorrections
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:lpe:wpaper:201827. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Arianto Patunru (email available below). General contact details of provider: https://edirc.repec.org/data/feuinid.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.