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Theoretische Modellierung und neuere Evidenz des Bank Runs

Theoretische Modellierung und neuere Evidenz des Bank Runs

          
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About the Book

Studienarbeit aus dem Jahr 2009 im Fachbereich VWL - Geldtheorie, Geldpolitik, Note: 1,3, Justus-Liebig-Universität Gießen (Geld, Kredit, Währung), Veranstaltung: Bankenkrisen - Historische Erfahrungen, aktuelle Entwicklungen und makroökonomische Implikationen, Sprache: Deutsch, Abstract: Diese Seminararbeit behandelt die theoretische Modellierung von Bank Runs sowie einen Vergleich zu neueren Entwicklungen im Lichte des Bank Runs auf den britischen Hypothekenfinanzierer Northern Rock im Jahre 2007. Die theoretische Modellierung erfolgt anhand des bekannten Aufsatzes der beiden US-amerikanischen Ökonomen Douglas W. Diamond und Philip H. Dybvig aus dem Jahre 1983. In Kapitel 2 wird zunächst gezeigt, dass Banken eine zentrale ökonomische Funktion erfüllen, indem sie illiquide Aktiva in liquide Passiva (Depositen) transformieren. Durch diese Fristentransformation kann eine Bank jedoch auch leicht in Liquiditätsschwierigkeiten geraten, wenn zu viele Anleger zur gleichen Zeit versuchen ihre Einlagen abzuheben. Dieses Szenario wird als Bank Run bezeichnet. Es wird gezeigt, dass der Bank Run im Diamond-Dybvig-Modell durch sich selbst erfüllende Erwartungen der Einleger entsteht. In Abschnitt 2.5 erfolgt dann eine Darstellung der von Diamond und Dybvig vorgeschlagenen Maßnahmen zur Verhinderung eines Bank Runs. In Kapitel 3 wird der Bank Run auf den seit Februar 2008 vorübergehend verstaatlichten Hypothekenfinanzierer Northern Rock analysiert. Shin (2009) dient dabei als Grundlage für die Erklärung der Besonderheiten dieses Bank Runs im Zuge der Subprime-Krise im Jahre 2007. Es wird gezeigt, dass der Run auf Northern Rock kein typischer Einleger-Bank Run im Sinne Diamond und Dybvigs war, sondern im Zusammenhang mit der Subprime-Krise und den Entwicklungen auf den Kapitalmärkten betrachtet werden muss. Durch den hohen Verschuldungsgrad und die hohe Abhängigkeit von kurzfristigen Wholesale-Finanzierungen geriet die Bank in Liquiditätsschwierigkeiten, als die institutionellen


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Product Details
  • ISBN-13: 9783640425419
  • Publisher: Grin Verlag Gmbh
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 2 mm
  • Width: 148 mm
  • ISBN-10: 3640425413
  • Publisher Date: 17 Sep 2009
  • Height: 210 mm
  • No of Pages: 28
  • Series Title: German
  • Weight: 50 gr


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