Broader Use of Saving Products Among People Can Make Deposit Funding of the Banking System More Resilient

Can broader use of formal saving tools among people boost the stability of bank deposit funding? We examine this question using the cross-country data on the use of formal savings from the Global Findex and the bank deposit growth from the International Financial Statistics. We run a cross-country r...

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Bibliographic Details
Main Authors:	Han, Rui, Melecky, Martin
Format:	Journal Article
Language:	en_US
Published:	Elsevier 2017
Subjects:	savings Global Findex bank deposits withdrawals financial crisis banking sector financial inclusion deposit insurance formal savings products
Online Access:	http://hdl.handle.net/10986/25838

id	okr-10986-25838
recordtype	oai_dc
spelling	okr-10986-258382021-05-25T10:54:39Z Broader Use of Saving Products Among People Can Make Deposit Funding of the Banking System More Resilient Han, Rui Melecky, Martin savings Global Findex bank deposits withdrawals financial crisis banking sector financial inclusion deposit insurance formal savings products Can broader use of formal saving tools among people boost the stability of bank deposit funding? We examine this question using the cross-country data on the use of formal savings from the Global Findex and the bank deposit growth from the International Financial Statistics. We run a cross-country regression using the averages over the 2007–10 period while controlling for relevant covariates such as the average level of development and existence of deposit insurance. We further condition on the access to deposits by firms using the Enterprise Survey data. The experience from the global financial crisis suggests that when a greater share of people use formal saving products, the country’s banking system enjoys more stable deposit funding. 2017-01-11T20:47:31Z 2017-01-11T20:47:31Z 2017-03 Journal Article Journal of International Financial Markets, Institutions and Money 1042-4431 http://hdl.handle.net/10986/25838 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Elsevier Publications & Research :: Journal Article Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	savings Global Findex bank deposits withdrawals financial crisis banking sector financial inclusion deposit insurance formal savings products
spellingShingle	savings Global Findex bank deposits withdrawals financial crisis banking sector financial inclusion deposit insurance formal savings products Han, Rui Melecky, Martin Broader Use of Saving Products Among People Can Make Deposit Funding of the Banking System More Resilient
description	Can broader use of formal saving tools among people boost the stability of bank deposit funding? We examine this question using the cross-country data on the use of formal savings from the Global Findex and the bank deposit growth from the International Financial Statistics. We run a cross-country regression using the averages over the 2007–10 period while controlling for relevant covariates such as the average level of development and existence of deposit insurance. We further condition on the access to deposits by firms using the Enterprise Survey data. The experience from the global financial crisis suggests that when a greater share of people use formal saving products, the country’s banking system enjoys more stable deposit funding.
format	Journal Article
author	Han, Rui Melecky, Martin
author_facet	Han, Rui Melecky, Martin
author_sort	Han, Rui
title	Broader Use of Saving Products Among People Can Make Deposit Funding of the Banking System More Resilient
title_short	Broader Use of Saving Products Among People Can Make Deposit Funding of the Banking System More Resilient
title_full	Broader Use of Saving Products Among People Can Make Deposit Funding of the Banking System More Resilient
title_fullStr	Broader Use of Saving Products Among People Can Make Deposit Funding of the Banking System More Resilient
title_full_unstemmed	Broader Use of Saving Products Among People Can Make Deposit Funding of the Banking System More Resilient
title_sort	broader use of saving products among people can make deposit funding of the banking system more resilient
publisher	Elsevier
publishDate	2017
url	http://hdl.handle.net/10986/25838
_version_	1764460278182838272

Broader Use of Saving Products Among People Can Make Deposit Funding of the Banking System More Resilient

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