TY  - UNPD
A1  - Lambert, Claudia
A1  - Noth, Felix
A1  - Schüwer, Ulrich
T1  - How do insured deposits affect bank risk? Evidence from the 2008 Emergency Economic Stabilization Act : [version december 2013]
T2  - SAFE working paper series ; No. 38
N2  - This paper tests whether an increase in insured deposits causes banks to become more risky. We use variation introduced by the U.S. Emergency Economic Stabilization Act in October 2008, which increased the deposit insurance coverage from $100,000 to $250,000 per depositor and bank. For some banks, the amount of insured deposits increased significantly; for others, it was a minor change. Our analysis shows that the more affected banks increase their investments in risky commercial real estate loans and become more risky relative to unaffected banks following the change. This effect is most distinct for affected banks that are low capitalized.
T3  - SAFE working paper - 38 
KW  - financial crisis
KW  - deposit insurance
KW  - bank regulation
Y1  - 2013
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/33148
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-331488
UR  - http://ssrn.com/abstract=2369236
IS  - version december 2013
SP  - 1
EP  - 42
PB  - SAFE
CY  - Frankfurt am Main
ER  -