Finance & Investing · Banking & Financial Institutions
A topic within Banking & Financial Institutions, itself one of 11 topics in that field and part of Finance & Investing.
2 works
Federal Deposit Insurance Corporation
Traces federal deposit insurance from more than 150 failed state-level schemes before 1933 to the FDIC, arguing insurance worked nationally only once it was compulsory, federally backed and paired with real bank supervision.
Judith S. Ruud (Congressional Budget Office)
Applies the option-pricing approach to bank guarantees that Merton derived in 1977 to the FDIC's actual insured-deposit base, estimating what the government's deposit guarantee is really worth and how far the premiums banks pay fall short of it.