Deposit insurance and depositor behavior: Evidence from Colombia

One of the feats that earned Douglas Diamond and Philip Dybvig the 2022 Nobel Prize in Economics (joint with Ben Bernanke) is a model of bank runs and related financial crises. In an article published in 1983, they noted ...

Climate risk insurance can effectively mitigate economic losses

Global warming is expected to lead to an accumulation of particularly intense hurricanes in the United States. This may substantially increase the economic losses caused by these storms. Better insurance could effectively ...

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