The aim of this paper is to verify the presence of depositor discipline and how it worked before, during and after the Global Financial Crisis. To that end we build… Click to show full abstract
The aim of this paper is to verify the presence of depositor discipline and how it worked before, during and after the Global Financial Crisis. To that end we build up a model for testing whether depositors do discipline banks considering different degrees and measures of bank risk and changes in the features of deposit insurance schemes (DISs). To test our hypotheses, we gathered a sample of banks located in 22 OECD countries covering the period from 2005 to 2014.
               
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