Federal Reserve Bank of Chicago
FDIC losses in bank failures: has FDICIA made a difference?
This article finds that, although the number of failed banks declined sharply after the passage of the FDIC Improvement Act (FDICIA) in 1991, losses to the FDIC as a percent of assets of failed banks actually increased. Only if adjustments are made both for large losses at a few larger outlier banks and for differences in the size distribution of failures is the FDIC's loss rate in the post-FDICIA period (1993-2002) reduced to below its pre-FDICIA (1980-92) rate.
Cite this item
George G. Kaufman, "FDIC losses in bank failures: has FDICIA made a difference?"
, Federal Reserve Bank of Chicago, Economic Perspectives, issue Q III, pages 13-25, 2004.
Keywords: Bank failures ; Federal Deposit Insurance Corporation ; Federal Deposit Insurance Corporation Improvement Act of 1991
This item with handle RePEc:fip:fedhep:y:2004:i:qiii:p:13-25:n:v.28no.3
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