Deposit Insurance and Moral Hazard in Ecuadorian Credit Unions
This paper studies the relation between deposit insurance implementation and moral hazard among Ecuadorian credit union. We use monthly financial data of 34 credit union from December 2007 to July 2015. Non-parametric mean different test and panel data analysis employing monthly risk indicators are...
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| Format: | article |
| Language: | spa |
| Published: |
2019
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| Online Access: | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/75 |
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| author | Pérez Juanazo, Giovanni |
| author2 | Ruíz Martínez, Miguel |
| author2_role | author |
| author_facet | Pérez Juanazo, Giovanni Ruíz Martínez, Miguel |
| author_role | author |
| collection | Revista Cuestiones Económicas |
| dc.creator.none.fl_str_mv | Pérez Juanazo, Giovanni Ruíz Martínez, Miguel |
| dc.date.none.fl_str_mv | 2019-12-15 |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/75 |
| dc.language.none.fl_str_mv | spa |
| dc.publisher.none.fl_str_mv | Banco Central del Ecuador |
| dc.relation.none.fl_str_mv | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/75/31 |
| dc.rights.none.fl_str_mv | info:eu-repo/semantics/openAccess |
| dc.source.none.fl_str_mv | Cuestiones Económicas; Vol. 26 Núm. 1 (2016): Revista Cuestiones Económicas; Autores: Giovanni Pérez Juanazo , Miguel Ruíz Martínez 2697-3367 2697-3367 reponame:Revista Cuestiones Económicas instname:Banco Central del Ecuador instacron:BCE |
| dc.subject.none.fl_str_mv | deposit insurance moral hazard credit union emerging economies non-market risk indicators |
| dc.title.none.fl_str_mv | Deposit Insurance and Moral Hazard in Ecuadorian Credit Unions |
| dc.type.none.fl_str_mv | info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Artículos de Investigación |
| description | This paper studies the relation between deposit insurance implementation and moral hazard among Ecuadorian credit union. We use monthly financial data of 34 credit union from December 2007 to July 2015. Non-parametric mean different test and panel data analysis employing monthly risk indicators are used to test for this realationship. Overall, results find no evidence to support out hypothesis that risk levels increased after deposit insurance was implemented in Ecuador on May 2009. However, with some specific indicators, we do find evidence thar risk levels increased. Furher analysis is needed to find more conclusive results, especially using more observations for the pre deposit insurance period and VAR specification. |
| eu_rights_str_mv | openAccess |
| format | article |
| id | REVCUESTEC_5208cd874b08620fe3b8b07fc07e3313 |
| instacron_str | BCE |
| institution | BCE |
| instname_str | Banco Central del Ecuador |
| language | spa |
| network_acronym_str | REVCUESTEC |
| network_name_str | Revista Cuestiones Económicas |
| oai_identifier_str | oai:estudioseconomicos.bce.fin.ec:article/75 |
| publishDate | 2019 |
| publisher.none.fl_str_mv | Banco Central del Ecuador |
| reponame_str | Revista Cuestiones Económicas |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | Revista Cuestiones Económicas - Banco Central del Ecuador |
| repository_id_str | |
| spelling | Deposit Insurance and Moral Hazard in Ecuadorian Credit Unions Pérez Juanazo, GiovanniRuíz Martínez, Miguel deposit insurancemoral hazardcredit unionemerging economiesnon-market risk indicatorsThis paper studies the relation between deposit insurance implementation and moral hazard among Ecuadorian credit union. We use monthly financial data of 34 credit union from December 2007 to July 2015. Non-parametric mean different test and panel data analysis employing monthly risk indicators are used to test for this realationship. Overall, results find no evidence to support out hypothesis that risk levels increased after deposit insurance was implemented in Ecuador on May 2009. However, with some specific indicators, we do find evidence thar risk levels increased. Furher analysis is needed to find more conclusive results, especially using more observations for the pre deposit insurance period and VAR specification. Banco Central del Ecuador2019-12-15info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArtículos de Investigaciónapplication/pdfhttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/75Cuestiones Económicas; Vol. 26 Núm. 1 (2016): Revista Cuestiones Económicas; Autores: Giovanni Pérez Juanazo , Miguel Ruíz Martínez2697-33672697-3367reponame:Revista Cuestiones Económicasinstname:Banco Central del Ecuadorinstacron:BCEspahttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/75/31info:eu-repo/semantics/openAccess2019-12-17T02:22:17Zoai:estudioseconomicos.bce.fin.ec:article/75Portal de revistashttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCEOrganismo de gobiernowww.bce.fin.echttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/oaiEcuadoropendoar:2019-12-17T02:22:17falsePortal de revistashttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCEOrganismo de gobiernowww.bce.fin.echttps://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/oaiEcuadoropendoar:2019-12-17T02:22:17Revista Cuestiones Económicas - Banco Central del Ecuadorfalse |
| spellingShingle | Deposit Insurance and Moral Hazard in Ecuadorian Credit Unions Pérez Juanazo, Giovanni deposit insurance moral hazard credit union emerging economies non-market risk indicators |
| status_str | publishedVersion |
| title | Deposit Insurance and Moral Hazard in Ecuadorian Credit Unions |
| title_full | Deposit Insurance and Moral Hazard in Ecuadorian Credit Unions |
| title_fullStr | Deposit Insurance and Moral Hazard in Ecuadorian Credit Unions |
| title_full_unstemmed | Deposit Insurance and Moral Hazard in Ecuadorian Credit Unions |
| title_short | Deposit Insurance and Moral Hazard in Ecuadorian Credit Unions |
| title_sort | Deposit Insurance and Moral Hazard in Ecuadorian Credit Unions |
| topic | deposit insurance moral hazard credit union emerging economies non-market risk indicators |
| url | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/75 |