1. Repositorio Digital del Banco Central del Ecuador
2. 1.- Publicaciones del Banco Central del Ecuador
3. Cuestiones Económicas
4. Cuestiones Económicas Vol. 26 No. 1, 2016

Título :	Deposit Insurance and Moral Hazard in Ecuadorian Credit Unions
Autor :	Pérez Juanazo, Giovanni Ruíz Martínez, Miguel
Palabras clave :	deposit insurance moral hazard credit union emerging economies non-market risk indicators
Fecha de publicación :	jul-2016
Editorial :	Quito, Ecuador : Banco Central del Ecuador.
Citación :	Pérez Juanazo, Giovanni. Ruíz Martínez, Miguel. (2016). Deposit Insurance and Moral Hazard in Ecuadorian Credit Unions. Cuestiones Económicas, 26 (1), 193-225
Resumen :	This paper studies the relation between deposit insurance implementation and moral hazard among Ecuadorian credit unions. We use monthly inancial data of 34 credit unions from December 2007 to July 2015. Non-parametric mean di朽erence test and panel data analysis employing monthly risk indicators are used to test for this relationship. Overall, results ind no evidence to support our hypothesis that risk levels increased after deposit insurance was implemented in Ecuador on May 2009. However, with some speciic indicators, we do ind evidence that risk levels increased. Further analysis is needed to ind more conclusive results, specially using more observations for the pre deposit insurance period and a VAR speciication.
URI :	http://repositorio.bce.ec/handle/32000/2340
ISSN :	2477-9059
Aparece en las colecciones:	Cuestiones Económicas Vol. 26 No. 1, 2016

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