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How Depositors Discipline Banks: The Case of Russia

Опубликовано на портале: 17-12-2007
EERC Working Paper Series. 2007.  No. 07-02e.
This paper investigates if there is market discipline in the Russian deposit market, i.e. do depositors react to changes in fundamentals, characterizing banks’ riskiness. Another aim is to test whether depositor discipline disappeared with banks’ admission to deposit insurance system. I use panel bank-specific data over the period June 2004 – September 2005

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http://ideas.repec.org/p/eer/wpalle/07-02e.html
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