The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Federal Deposit Insurance, Regulatory Policy, and Optimal Bank Capital*
Abstract
This paper seeks to explain the combination of explicit and implicit pricing for deposit insurance employed by the FDIC. Essentially, the FDIC sells two products—insurance and regulation. To span the product space, it must and does set two prices. We argue that the need to establish regulatory disincentives to bank risk‐taking is the heart of the controversy over the adequacy of bank capital and that the ability to close risky banks before exhausting their charter value (i.e., the value of their right to continue in business) stands at the center of these disincentives and in front of the FDIC's insurance reserves.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Posner, R. A. (1971) · The Bell Journal of Economics and Management Science · doi:10.2307/3003161 · Cited by 504
Cited by
Capital Requirements, Monetary Policy, and Aggregate Bank Lending: Theory and Empirical Evidence
THAKOR, A. V. (1996) · The Journal of Finance · doi:10.1111/j.1540-6261.1996.tb05210.x · Cited by 586
Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence
Demirgüç-Kunt, A., & Huizinga, H. (1999) · Policy Research Working Papers · doi:10.1596/1813-9450-1900 · Cited by 573
Bank Governance, Regulation, and Risk Taking
Laeven, L. A., & Levine, R. (2008) · SSRN Electronic Journal · doi:10.2139/ssrn.1142967 · Cited by 337
Gorton, G., & Winton, A. (2003) · Handbook of the Economics of Finance · doi:10.1016/s1574-0102(03)01012-4 · Cited by 304
Metadata
- Authors
- BUSER, S. A., CHEN, A. H., & KANE, E. J.
- Venue
- The Journal of Finance
- Publisher
- Wiley
- Published
- 1981-03
- Volume
- 36
- Issue
- 1
- Pages
- 51-60
- ISSN
- 0022-1082 (ISSN-L)
- 1540-6261
- OpenAlex
- W2115929984
- Cited by
- 523
- References
- 1
- FWCI
- 15.74
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Federal Deposit Insurance, Regulatory Policy, and Optimal Bank Capital*. https://app.cochat.ai/papers/10.1111/j.1540-6261.1981.tb03534.x
- The paper
- BUSER, S. A., CHEN, A. H., & KANE, E. J. (1981). Federal Deposit Insurance, Regulatory Policy, and Optimal Bank Capital*. The Journal of Finance. https://doi.org/10.1111/j.1540-6261.1981.tb03534.x
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
