The European Deposit Insurance Scheme: Assessing risk absorption via SYMBOL
JRC Working Papers in Economics and Finance, 2017/12
In November 2015, the European Commission adopted a legislative proposal to set up a European Deposit Insurance Scheme (EDIS), a single deposit insurance system for all bank deposits in the Banking Union. JRC was requested to quantitatively assess the effectiveness of introducing a single deposit insurance scheme and to compare it with other alternative options for the set-up of such insurance at European level. JRC compared national Deposit Guarantee Schemes and EDIS based on their respective ability to cover insured deposits in the face of a banking crisis. Analyses are based upon the results of the SYMBOL model simulation of banks’ failures.
ALESSI Lucia;
CANNAS Giuseppina;
MACCAFERRI Sara;
PETRACCO GIUDICI Marco;
2017-12-22
Publications Office of the European Union
JRC109381
978-92-79-77073-9,
2467-2203,
OP KJ-AE-17-012-EN-N,
https://publications.jrc.ec.europa.eu/repository/handle/JRC109381,
10.2760/539393,
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