English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 58317/91854 (63%)
造訪人次 : 14005507      線上人數 : 203
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜尋範圍 查詢小技巧:
  • 您可在西文檢索詞彙前後加上"雙引號",以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋,建議至進階搜尋限定作者欄位,可獲得較完整資料
  • 進階搜尋
    請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/97448

    題名: Financial reform and the adequacy of deposit insurance fund: Lessons from Taiwanese experience
    作者: Ho, Chia-Ling;Lai, Gene C.;Lee, Jin-Ping
    貢獻者: 淡江大學保險學系
    關鍵詞: Banks;Fair premiums;Implied reserves;Deposit Insurance Fund;Financial Restructuring Fund
    日期: 2014-03
    上傳時間: 2014-03-20
    出版者: Elsevier BV
    摘要: Financial reforms and capital adequacy are probably the most critical issues for the banking industry in the world. This study examines the effectiveness of financial reforms carried out in Taiwan recently and measures the adequacy of the deposit insurance fund (DIF), including financial restructuring fund and Designated Reserve Ratio (DRR) strategy in Taiwan. We have improved on the methodology of Episcopoc (2004) and report estimates of the cost of deposit insurance and implied reserves for each bank or financial holding company. Estimates of the implicit cost of government guaranty of the DIF are also included. To stabilize its financial environment in 2000, the Taiwanese government amended many bank regulations, including the enactment of the Financial Holding Company Act (FHC Act) of 2001 and the Financial Restructuring Fund Statute. Our evidence shows lower volatilities and average unit cost of deposit insurance for seven sampled FHCs compared to sixteen sampled banks, even though the FHCs are larger. These results indicate the effectiveness of the financial reforms put forward by the Taiwanese government. When implied reserves are compared with the Designated Reserve Ratio (DRR) strategy of 2%, imposed by the Central Deposit Insurance Corporation (CDIC) in 2007, we find that the DIF would have been sufficient in 2006, but not in 2000. The results imply that the fixed target ratio for the DIF may not be appropriate. In addition, the details of financial reforms in Taiwan starting in 2001 are provided and demonstrate resolve in implementing financial reforms. Finally, financial reforms of Taiwan and the calculations of DRR and estimates of the implicit cost of government guaranty of the DIF can be used as lessons for other countries.
    關聯: International Review of Economics & Finance 30, p.57–77
    DOI: 10.1016/j.iref.2013.10.002
    顯示於類別:[風險管理與保險學系] 期刊論文


    檔案 描述 大小格式瀏覽次數
    Financial reform and the adequacy of deposit insurance fund_ Lessons from Taiwanese experience.pdf566KbAdobe PDF0檢視/開啟



    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回饋