This paper studies the optimal determination of deposit insurance when bank runs are possible. We show that welfare impact changes in level coverage can be generally expressed terms a small number sufficient statistics, which include losses specific scenarios and probability failure. characterize wedges determine ex ante regulation, map to asset- liability-side regulation. demonstrate how emplo...

Descemet stripping automated endothelial keratoplasty (DSAEK) is a new treatment option for corneal endothelial dysfunction. Compared with penetrating keratoplasty, DSAEK is less invasive and leads to more rapid visual recovery. The most common complications after DSAEK described in the literature are graft detachment and/or dislocation, rejection, epithelial ingrowth, and pupillary block, all ...

This study describes a method used to improve ore grade estimation in a limestone deposit in India. Ore grade estimation for the limestone deposit was complicated by the complex lithological structure of the deposit. The erratic nature of the deposit and the unavailability of adequate samples for each of the lithogical units made standard geostatistical methods of capturing the spatial variatio...

This paper presents an empirical study of the strategic contributions of automated teller machines (ATMs) to improving a bank branch‘s local deposit market share at the expense of its competitors. By extending previous models of deposit market share in branch banking to incorporate ATM technology variables, we develop a tool to provide answers and insights on key questions involving the evaluat...

Compare to other firms, banks are special in three ways. First, most banks are insured by deposit insurance. Second, banking industry is highly regulated. Third, banks are financial intermediary. To attract deposits is one of a bank’s main functions, and deposits compose the most part of a bank’s debt. Among the various regulations, minimum capital requirements play an important role, which req...

The impact of gifts on deposit balances and customer satisfaction was examined in a longitudinal field experiment conducted at a commercial bank. Gifts increased deposit balances, survey response rates, and customer satisfaction compared to the no-gift control. Several factors were manipulated within the gift treatment: gift type, the accompanying message, and the sequence of gift value, which ...

For most ofthe last 50 years, to promote a safe banking system, the U.S. Congress has imposed interest rate ceilings on bank deposits. Federal legislation passed in the wake of the 1930s banking crisis prohibited banks from paying any interest on checking accounts and authorized the Federal Reserve Board of Governors to set upper limits on the rates banks could offer on time and savings account...

The transient surface flow occurring when a cylindrical pile of dry granular material is suddenly allowed to spread on a horizontal plane is investigated experimentally as a function of the released mass M, the initial aspect ratio a of the granular cylinder pile, the properties of the underlying substrate ~smooth or rough, rigid or erodible! and the bead size. Two different flow regimes leadin...