Publications
BackIn view of the experiences with the dramatic developments of the 4th quarter 2008, the AK wonders whether a predominantly ex-ante financed fund represents the adequate solution for preventing a bank run, as in systemic crises the funds would be subject to the same capital market risks as other investors.
In addition, the liquidity requirement of the deposit guarantee scheme funds would in the event put massive pressure on government bonds and trigger a sovereigndebt crisis.
