Deposit Insurance System Research

Based on 1933 through the "glass - Sidigeer law," the United States established the Federal Deposit Insurance Corporation (Federal DePosit Insurance Corporation, as FDIC), the first case of a deposit insurance system was first established in the United States, many countries have to follow , In the financial system into the deposit insurance system. Now the deposit insurance system in the world within the framework of the promotion of universal: According to information made it clear that the current open a deposit insurance system of countries and regions have 89, along with a large number of countries are considering the introduction of a deposit insurance system. Under such circumstances, both on the deposit insurance system is currently implementing a deposit insurance system or a deposit insurance system has not yet implemented the country is of great significance.For even with the deposit insurance countries, due to the imperfections of the system environment, the risk of moral hazard seriously, the financial system tend to take excessive risks, thus creating instability in the financial system, those countries in the subsequent practice cancelled Deposit insurance system, such as Japan. Japan's deposit insurance system was established in 1957, Japanese financial authorities at that time aware of deposit insurance for the maintenance of financial stability, submitted to the Diet a bill deposit protection fund system. 1971, the Japanese parliament announced the deposit insurance law, the establishment of Japan's Deposit Insurance Corporation. In the late 1980s after the collapse of Japan's bubble economy, financial institutions operating conditions deteriorating and bankruptcy cases continue to increase, the Japanese government through the revision of deposit insurance law, the Japanese deposit insurance system in a number of reforms, Japan's Deposit Insurance Corporation has continually been given New functions and powers, has now become Japan's financial system stability in the important one. 1986, the Japanese government gives Deposit Insurance Corporation to close down the functions of institutions acquisitions, to increase the amount paid to raise rates, thereby enrich the basis of the insurance fund. 1996, Japan enacted the financial restructuring of the special procedures of the Deposit Insurance Act and the supplementary regulations, the deposit insurance system carried out a series of reforms to the deposit insurance agency new powers. April 1, 2002, Japan formally lifted bank deposit insurance system. Japan's banks, financial institutions closed down once the government no longer bear the depositors of the full deposit protection obligations. Japan's implementation of deposit insurance practical experience shows that the deposit insurance system may also be implemented even if the cancellation.The study has been divided into two categories: in favour of the deposit insurance system and questioned the implementation of a deposit insurance system is implemented. One in favour of a deposit insurance system is implemented mainly from the perspective of banking features such as point of view, that the deposit insurance system to prevent bank runs on, the protection of the interests of depositors, reducing the financial crisis, maintaining financial system stability, and questioned the deposit insurance system implementation of the main points From the deposit insurance system is the implementation of the micro-behavior of the main role of that deposit insurance system to protect the financial system's stability, and may even lower the market constraints, weakening the competitiveness of banks. It can be said that the deposit insurance system of the theory and relevant research in these two perspectives is the dramatic impact of the development and continuous improvement.In particular, we analyzed the relevant factors affecting the implementation of a deposit insurance system for deposits and the choice of variables: (1) whether a country has adopted explicit deposit insurance system's decision, and (2) to be adopted for the dominant national deposit insurance system , The deposit insurance system includes the type of design features. Papers focus on the use of the deposit insurance system to collect the latest data sets (2006), and the large number of samples States Featured design features, to investigate the issue. It is also possible this innovation: (1) of the deposit insurance created a design features (unlike before) of a new data sets. That covers the characteristics of the dominant deposit insurance to provide all the countries, each country can track changes in design features. (2) use of the data sets, that the international community on the use and design of the deposit insurance system in accordance with the decision.Construction of the papers of the deposit insurance system performance implementation of the theoretical framework and to conduct static and relatively static verification. The deposit insurance system in the implementation of the performance of static analysis, the author of the first deposit insurance system from the implementation of conditions, to determine the financial order and control the environment impact of the deposit insurance system is an important condition for the implementation and then on this basis, the deposit insurance system and demonstration The relationship between financial stability.Among the positive part of the first to create a deposit insurance design features (unlike before) of a new data set, covering the dominant deposit insurance to provide all the countries, each country can track changes in design features, will be able to continuously improve the Data sets. Secondly, we use data sets, that the international community on the use and design of the deposit insurance system in accordance with the decision to reveal the impact of the deposit insurance system performance of the external and internal conditions. Concluding part, we come to the establishment of China's incentive compatibility of the dominant deposit insurance system should be the only option. The key is how to choose the deposit insurance system variables, details of how the system variables made policy recommendations.In the first chapter, the author of the first summed up the deposit insurance system the necessary resolve the main problem, pointing out that the research papers perspectives and ideas on the framework of research and explain some of the key concepts. Secondly, the author introduced a deposit insurance system of theoretical and empirical development of the deposit insurance system differences between the theory of the origins and author of the research methodology and theoretical basis for a description.The second chapter, the author Construction of the deposit insurance system implementation performance of the theoretical framework. By the author of a deposit insurance system established by the theoretical foundation, pointed out that the establishment of a deposit insurance system to the entire economy of the micro-and macro-run main influence the development of change in the financial order. Among the articles in Chapter III is the main part of this paper is the embodiment of the major work, it can be said in front of all the work in order to service the third chapter, we created the design features of the deposit insurance (unlike before) of a new data set, The paper of the use of discrete choice and risk model, we have adopted two widely used rate risk model. Cox for the first rate risk model, the second for the weibull model to analyse the use of deposit insurance. In order to study the design of deposit insurance, the paper using two-stage selection model: we will use Heckman (Heckman) of the two-stage selection model by including the lack of explicit deposit insurance countries, to explain preferences. To study the political and economic factors will affect whether and how to influence the use of national deposit insurance system in the system design. That the international community on the use and design of the deposit insurance system in accordance with the decision. Reveals the impact of the deposit insurance system performance of the external and internal conditions. Impact of the implementation of the deposit insurance system performance factor is the system of deposit insurance regulatory environment and the internal design of a system.Among the first chapter is the Introduction, is the theoretical framework of Chapterâ…¡, Chapterâ…¢is evidence, Chapterâ…£,â…¤on the basis that China's deposit insurance designed to inspire.