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dc.contributor.authorGómez Fernández-Aguado, Pilar
dc.contributor.authorTrigo-Martinez, Eduardo 
dc.contributor.authorPartal Ureña, Antonio
dc.contributor.authorMoreno-Ruiz, Rafael 
dc.date.accessioned2021-01-22T15:08:20Z
dc.date.available2021-01-22T15:08:20Z
dc.date.created2021-01
dc.date.issued2021-01-22
dc.identifier.urihttps://hdl.handle.net/10630/20825
dc.description.abstractWe carry out a quantitative analysis of the financing measures proposed for the European Deposit Insurance Scheme (EDIS) regarding the target level of the fund and the contribution scheme of member entities. We estimate the loss distribution of the EDIS considering different sources of systemic risk associated with the correlations between bank assets inside and outside the eurozone countries, and we analyse the sensitivity of the results to bank portfolio risk. We determine the variations in the cost of insurance due to the relative risk profile of banks in the Banking Union and the loss-absorbing capacity of the contribution made by countries with the methodologies proposed by the European Banking Authority (2015). Our findings show how the interconnection between banks of different countries has an important influence on accumulated losses in the tail of the distribution, although the correlation within a country exerts a stronger effect. Both aspects must be considered in the calibration of the target level of the fund to avoid underestimating financing needs. Likewise, deterioration in the quality of bank portfolios produces a significant reduction in the fund's loss-absorbing capacity, which calls into question its soundness in times of economic recession. Finally, we assess the impact of the new contribution scheme on moral hazard and the possibility of cross-border subsidies between the countries of the Banking Union.es_ES
dc.description.sponsorshipUniversidad de Málaga. Campus de Excelencia Internacional Andalucía Teches_ES
dc.language.isoenges_ES
dc.rightsinfo:eu-repo/semantics/openAccesses_ES
dc.subjectBancoses_ES
dc.subjectSeguros de depósitoses_ES
dc.subject.otherBank riskes_ES
dc.subject.otherSystemic riskes_ES
dc.subject.otherDeposit insurancees_ES
dc.subject.otherBanking Uniones_ES
dc.titleEvaluation of European Deposit Insurance Scheme Funding Based on Risk Analysises_ES
dc.typeinfo:eu-repo/semantics/conferenceObjectes_ES
dc.centroFacultad de Ciencias Económicas y Empresarialeses_ES
dc.relation.eventtitle34th EBES Conferencees_ES
dc.relation.eventplaceAtenases_ES
dc.relation.eventdate6-8 de enero de 2021es_ES


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