Hostname: page-component-745bb68f8f-lrblm Total loading time: 0 Render date: 2025-01-12T12:24:30.561Z Has data issue: false hasContentIssue false
  • English
  • Français

Comment: Deposit Insurance in the United States—Evaluation and Reform

Published online by Cambridge University Press:  19 October 2009

Christian T. L. Janssen
Get access Rights & Permissions [Opens in a new window]

Extract

Gibson offers a proposal for partial reform of the present system of deposit insurance in the United States.

A. The responsibility for insurance should be divided between FDIC and the Federal Reserve. “Normal” bank failures should be handled by FDIC and “depression” failures by the Federal Reserve.

B. Insurance should be extended to all deposits regardless of size and should not be limited to those of $20,000 or less.

Type
Discussant
Information
Journal of Financial and Quantitative Analysis , Volume 7 , Issue 2 , March 1972 , pp. 1613 - 1618
Copyright
Copyright © School of Business Administration, University of Washington 1972

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

[1]Charnes, A. and Littlechild, S. C.. Intertemporal Bank Asset Choice with Stochastic Dependence.Invited Paper, TIMS/ORSA Joint Meeting,San Francisco,May 1–3, 1968.Google Scholar
[2]Cohen, Kalman J., and Hammer, Frederick S.. “Linear Programming and Optimal Bank Asset Management Decisions.” The Journal of Finance, May 1967.CrossRefGoogle Scholar
[3]Gibson, William E.“Deposit Insurance in the United States—Evaluation and Reform.”Paper presented at the 1971 Annual Meeting of the Western Finance Association at Simon Fraser University,August 30–31, 1971.Google Scholar
[4]Golembe, Carter H. “The Future Shape of Banking Regulation.” The Journal of Finance, May 1971, pp. 599–604.CrossRefGoogle Scholar
[5]Gray, Kenneth B. Jr. Top Management Decision Aids in Banking.Invited Paper, Tenth American Meeting of the Institute of Management Sciences,Atlanta, Georgia,October 1–3, 1969.Google Scholar
[6]Jacobs, Donald. “The Framework of Commercial Bank Regulation: An Appraisal.” The National Banking Review, March 1964.Google Scholar
[7]Kreps, Clifton H. Jr., and Wacht, Richard F.. “A More Constructive Role for Deposit Insurance.” The Journal of Finance, May 1971, pp. 605–613.Google Scholar
[8]Mayer, Thomas. “A Graduated Deposit Insurance Plan.” The Review of Economics and Statistics, February 1965.CrossRefGoogle Scholar
[9]Meyer, Paul A., and Pifer, Howard W.. “Prediction of Bank Failures.”The Journal of Finance, September 1970, pp. 853–868.CrossRefGoogle Scholar
[10]Schotta, Charles. “Discussion” (“A More Constructive Role for Deposit Insurance” by Clifton H. Kraps, Jr., and Richard F. Wacht). The Journal of Finance, May 1971, p. 650.Google Scholar