Why did deposit insurance work so well in the United States until 1980 despite the obvious moral

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Why did deposit insurance work so well in the United States until 1980 despite the obvious moral hazard, and why did it fail after that?

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Contemporary Financial Intermediation

ISBN: 9780124052086

4th Edition

Authors: Stuart I. Greenbaum, Anjan V. Thakor, Arnoud Boot

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Question Posted: Jan 12, 2024 04:00 AM

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Why did deposit insurance work so well in the United States until 1980 despite the obvious moral

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An interesting explanation is that a banks risktaking propensity depends on t...View the full answer

Contemporary Financial Intermediation

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