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Deposit insurance and credit union lending
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dc.contributor.author | Nguyen, Linh | |
dc.contributor.author | Wilson, John Ogilvie Stephen | |
dc.contributor.author | Le, Tuan | |
dc.contributor.author | Luu, Hiep N. | |
dc.contributor.author | Nguyen, Tram-Anh | |
dc.contributor.author | Vo, Vinh | |
dc.date.accessioned | 2023-09-30T23:36:33Z | |
dc.date.available | 2023-09-30T23:36:33Z | |
dc.date.issued | 2022-06 | |
dc.identifier | 278500952 | |
dc.identifier | af28a1ac-2c12-4adb-a56c-729afa507c01 | |
dc.identifier | 85128225262 | |
dc.identifier | 000799000600001 | |
dc.identifier.citation | Nguyen , L , Wilson , J O S , Le , T , Luu , H N , Nguyen , T-A & Vo , V 2022 , ' Deposit insurance and credit union lending ' , Journal of Financial Stability , vol. 60 , 101003 . https://doi.org/10.1016/j.jfs.2022.101003 | en |
dc.identifier.issn | 1572-3089 | |
dc.identifier.other | ORCID: /0000-0002-9554-9332/work/110423122 | |
dc.identifier.other | ORCID: /0000-0003-0956-4227/work/110423304 | |
dc.identifier.uri | https://hdl.handle.net/10023/28480 | |
dc.description.abstract | We exploit an exogenous change in the coverage of insured deposits following the passage of the Emergency Economic Stabilization Act (2008) to investigate the impact of deposit insurance on the volume, composition and quality of credit union lending. Using a difference-in-difference approach, we find changes in the volume, composition and riskiness of credit union lending. Specifically, we find that affected credit unions increase total and unsecured lending, leading to a decline in loan quality. Overall, our results suggest that an increase in the maximum coverage of insured deposits induces credit unions to lend more at the expense of loan quality. | |
dc.format.extent | 16 | |
dc.format.extent | 354604 | |
dc.language.iso | eng | |
dc.relation.ispartof | Journal of Financial Stability | en |
dc.subject | Deposit insurance | en |
dc.subject | Lending | en |
dc.subject | Loan quality | en |
dc.subject | Credit unions | en |
dc.subject | Emergency Economic Stabilization Act | en |
dc.subject | HG Finance | en |
dc.subject | 3rd-DAS | en |
dc.subject | AC | en |
dc.subject.lcc | HG | en |
dc.title | Deposit insurance and credit union lending | en |
dc.type | Journal article | en |
dc.contributor.institution | University of St Andrews. School of Management | en |
dc.contributor.institution | University of St Andrews. Centre for Responsible Banking and Finance | en |
dc.identifier.doi | https://doi.org/10.1016/j.jfs.2022.101003 | |
dc.description.status | Peer reviewed | en |
dc.date.embargoedUntil | 2023-10-01 |
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