{"id":"W4399210501","doi":"10.1016/j.jet.2024.105859","title":"Deposit insurance, bank regulation, and narrow banking","year":2024,"lang":"en","type":"article","venue":"Journal of Economic Theory","topic":"Banking stability, regulation, efficiency","field":"Economics, Econometrics and Finance","cited_by":4,"is_retracted":false,"has_abstract":true,"ca_institutions":"Western University","funders":"Social Sciences and Humanities Research Council of Canada; Jarislowsky Foundation; Hong Kong University of Science and Technology","keywords":"Deposit insurance; Inefficiency; Moral hazard; Capital requirement; Leverage (statistics); Business; Monetary economics; Economics; Monetary policy; Banking industry; Capital adequacy ratio; Financial system; Welfare; Finance; Microeconomics; Incentive; Market economy","routes":{"ca_aff":true,"ca_fund":true,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.002205748,0.000244594,0.0005773726,0.001152606,0.001229454,0.003283899,0.0004556161,0.001985911,0.004335736],"category_scores_gemma":[0.007462374,0.0002096941,0.000466307,0.001310494,0.005722813,0.00313268,0.00181033,0.002082693,0.0002627338],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.002428418,"about_ca_system_score_gemma":0.002100685,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.00565002,"about_ca_topic_score_gemma":0.002962532,"domain_scores_codex":[0.9986446,0.0004842468,0.00007358067,0.0002118447,0.0003168958,0.0002688483],"domain_scores_gemma":[0.9926462,0.003407811,0.002641431,0.0004445037,0.0004899413,0.0003702041],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.0000348979,0.0000305331,0.003662445,0.00003802548,0.00001187892,0.00006180326,0.0001641593,0.006513262,0.000125399,0.9800643,0.001368821,0.007924386],"study_design_scores_gemma":[0.00001801539,0.00002451278,0.003440801,0.00008409398,0.0000192483,0.0000821548,0.0001463306,0.01027294,0.0001607,0.9810531,0.004680732,0.00001741054],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":"theoretical_or_conceptual","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.5621209,0.03165909,0.1285587,0.04730931,0.0004458042,0.00009474843,0.0004378962,0.0002125709,0.2291611],"genre_scores_gemma":[0.9920782,0.002127903,0.001447749,0.0007021676,0.000175154,0.00002148742,0.0000333221,0.000005221324,0.003408739],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.00565002,"threshold_uncertainty_score":0.01761943,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.01258777973791878,"score_gpt":0.2201217927873509,"score_spread":0.2075340130494321,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}