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Institute for Economies in Transition, Bank of Finland BOFIT Discussion Papers, Institute for Economies in Transition, Bank of Finland

No 14/2008:
Market Discipline and Deposit Insurance in Russia

Anatoly Peresetsky ()

Abstract: The paper presents a study of Russian banks' interest rates on household deposits during the formation period of the deposit insurance system. It is shown that market discipline weakened after deposit insurance was effectively in place.

Keywords: deposit insurance; market discipline; deposit interest rates; (follow links to similar papers)

JEL-Codes: G21; G28; P37; (follow links to similar papers)

21 pages, October 2, 2008

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