Understanding Bank Runs: The Importance of Depositor-Bank Relationships and Networks

We use a unique, new, database to examine micro depositor level data for a bank that faced a run. We use minute-by-minute depositor withdrawal data to understand the effectiveness of deposit insurance, the role of social networks, and the importance of bank-depositor relationships in influencing

本研究采用一套独特且全新的数据库，针对一家遭遇银行挤兑的银行，对其微观储户层级的数据展开分析。本研究借助逐分钟级别的储户取款数据，探究存款保险（deposit insurance）的实施效果、社交网络所扮演的角色，以及银行与储户关系在影响方面的重要性。