Modis : A Market-Oriented Deposit Insurance Scheme /

This paper argues that an optimal deposit insurance scheme would allow the level of insurance coverage to be determined by the market. Based on this principle, the paper proposes an insurance scheme that minimizes distortions and embodies fairness and credibility, two essential characteristics of a...

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Detalhes bibliográficos
Autor principal: Zoli, Edda
Outros Autores: Vaez-Zadeh, Reza, Xie, Danyang
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2002.
Colecção:IMF Working Papers; Working Paper ; No. 2002/207
Acesso em linha:Full text available on IMF
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245 1 0 |a Modis :   |b A Market-Oriented Deposit Insurance Scheme /  |c Edda Zoli, Danyang Xie, Reza Vaez-Zadeh. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2002. 
300 |a 1 online resource (33 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper argues that an optimal deposit insurance scheme would allow the level of insurance coverage to be determined by the market. Based on this principle, the paper proposes an insurance scheme that minimizes distortions and embodies fairness and credibility, two essential characteristics of a viable and effective deposit insurance scheme. Using a simple model for the determination of the optimal level of insurance coverage, it is shown that the optimal coverage is higher for developing compared to developed countries; a condition that is broadly satisfied by prevailing deposit insurance practices around the world. 
538 |a Mode of access: Internet 
700 1 |a Vaez-Zadeh, Reza. 
700 1 |a Xie, Danyang. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2002/207 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2002/207/001.2002.issue-207-en.xml  |z IMF e-Library