The Development Impact of Financial Regulation : Evidence from Ethiopia and Antebellum USA

In absence of deposit insurance, underdeveloped financial systems can exhibit a coordination failure between banks, unable to commit on safe asset holding, and depositors, anticipating low deposit repayment in bad states. This paper shows condition...

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Bibliographic Details
Main Authors: Limodio, Nicola, Strobbe, Francesco
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
FEE
SLR
Online Access:http://documents.worldbank.org/curated/en/2016/06/26533515/development-impact-financial-regulation-evidence-ethiopia-antebellum-usa
http://hdl.handle.net/10986/24651