Abstract
In a transparent and parsimonious moral hazard setting, various types of inefficiencies of deposit rate ceilings are identified. Welfare with ceilings may be lower than welfare without these and a more risky environment may render deposit rate ceilings impotent.
Lingua originale | English |
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pagine (da-a) | 33-37 |
Numero di pagine | 5 |
Rivista | Economics Letters |
Volume | 2019 |
DOI | |
Stato di pubblicazione | Pubblicato - 2019 |
Keywords
- Bank regulation
- Deposit rate ceilings
- Moral hazard
- Welfare