Das Dilemma der Bankenregulierung
Abstract
Banking regulation faces the dilemma to accomplish two theoretically contradictory normative objectives: on the one hand the avoidance of bank runs by deposit insurance and on the other hand the preservation of market discipline in order to maintain a sound financial system. This paper aims at identifying this dilemma for the German three pillar banking system by performing a descriptive analysis and contributes to the assessment of the normative claims. It turns out that there is the reasonable suspicion that market discipline in Germany is rather weak and a bank´s size per se reduces discipline by private bank creditors.
Keywords
Bank Runs; Einlagensicherung; Marktdisziplin
Cite as
Günther, S. (2014). Das Dilemma der Bankenregulierung. List Forum für Wirtschafts- und Finanzpolitik, 2014(Band 40, Heft 2), 179–200.Details
Publication type
Research article (journal)
Peer reviewed
Yes
Publication status
Published
Year
2014
Journal
List Forum für Wirtschafts- und Finanzpolitik
Volume
2014
Issue
Band 40, Heft 2
Start page
179
End page
200
Language
German
ISSN
0937-0862