Open AccessZnajomość zasad gwarantowania depozytów a skłonność do runu na banku
Author(s) -
Łukasz Kurowski,
Piotr Górski
Publication year - 2021
Publication title -
ekonomia/acta universitatis wratislaviensis. ekonomia
Language(s) - English
Resource type - Journals
eISSN - 2658-1310
pISSN - 2084-4093
DOI - 10.19195/2658-1310.27.1.5
Subject(s) - cash , bank account , business , scheme (mathematics) , scale (ratio) , monetary economics , finance , economics , payment , mathematics , geography , cartography , mathematical analysis
The main goal of the deposit guarantee scheme is to prevent banking panic and consequently to prevent banking crises. The purpose of the article is to check whether the knowledge of depositors about the existence of a deposit guarantee scheme and about the terms of the guarantee aects the propensity to bank run. Thus, the presented study emphasizes that the eectiveness of the deposit guarantee scheme is dependent on the degree of knowledge about the principles of its functioning in society. The results of 200 CATI interviews suggest that this knowledge does not aect the decision to run on a bank, but determines the run type. People with higher knowledge about the principles of deposit guarantee are more likely to make a non-cash form of run (transfer of funds to another bank). For people with less knowledge the cash withdrawal is dominant. Due to the nite cash resources in bank branches, the cash withdrawal form can increase the scale of the run through its mediality.