Front Matter Page
IMF Institute
Authorized for distribution by Enzo Croce
Contents
I. Introduction
II. Deposit insurance and depositor behavior
III. Deposit insurance in Colombia and a case of a non-fundamental bank run
IV. Extending the tests for market discipline
A. Depositor response to fundamental and non-fundamental variables
B. Response of banks to disciplining behavior by depositors
V. Estimation Results
A. Estimations for depositor behavior
B. Extensions to the estimations for depositor behavior
C. Response of banks to changes in deposit growth
VI. Conclusions
Tables
1. Colombia’s Deposit Insurance Scheme
2. Colombia’s: Actual Insurance Payments to Depositors
3. Cross-country comparison of deposit insurance schemes
4A. Determinants of the Rate of Growth of Real Deposits (DRD)
4B. Determinants of the Rate of Growth of Real Deposits (DRD)
5. OLS Regressions for Differences Across Groups of Banks
6. Changes Over Time in the Responsiveness to Bank Fundamentals
7. Response of Banks to Fundamental-Driven Losses in Deposits
References