Buradasınız

Anasayfa » Content

An Empirical Analysis on Individuals' Deposit-Withdrawal Behavior s Using Data Collected through a Web-Based Survey

Journal Name:

  • Eurasian Journal of Business and Economics

Publication Year:

  • 2009

Key Words:

Author NameUniversity of Author
Abstract (2. Language): 
The purpose of this paper is to investigate relationships between individual depositor behaviors, as to whether they will withdraw all of their deposits, and factors behind them such as the degree of trust in information sources, frequency of communication, individuals' transaction with banks, and individuals’ attributes. By doing so, we suggest possible countermeasures whereby depositors will not excessively withdraw their deposits after receiving uncertain information on the financial environment. In this paper, we analyze the relationships by using data collected through a Web-based survey. The results were as follows: First, individuals who trust in information sources such as weekly/monthly magazines, the Internet, and conversations with people at workplace would be more likely to withdraw their deposits. Second, increases in phone calls with friends and in communication frequency at neighborhood and workplaces also make depositors to withdraw funds. Third, their tendency to withdraw deposits is affected by the individuals’ attributes such as gender and education. As the recognition of the deposit insurance scheme among people seems to affect their behavior according to our analysis, we suggest that it is better that authorities advertise the function of deposit insurance schemes to prevent depositors from getting into a panic situation like bank run.
Bookmark/Search this post with
FULL TEXT (PDF): 
PDF icon arastirmax-empirical-analysis-individuals-deposit-withdrawal-behavior-s-using-data-collected-through-web-based-survey.pdf
  • 4
27-41
  • English

JEL Codes:

REFERENCES

References: 

Choe, H., Lee, B. S. (2003) “Korean bank governance reform after the Asian financial crisis.”
Pacific-Basin Finance Journal. 11: 483-508.
Hoshino T. (2007) “An experimental research of reproducibility of bias reduction using
propensity score adjustment for Internet marketing surveys.” The Japanese Journal of
Behaviormetrics. 34 (1): 33-48.
Hosmer, D. W., Lemeshow, S. (2000) Applied Logistic Regression (2nd edtion). New York:
Wiley-Interscience publication.
Nagaoka H., Takemura, T. (2009) “Case Studies of Bank Run in Financial Institutions :
Suggestion from Viewpoint of Risk Management.” The proceeding of the 2nd International
Conference on Social Sciences. 3: 27-42.
Ohsumi N. (2002) “Internet Surveys : A review of several experimental results : applying data
science approach to the exploration of Internet surveys ( Behaviormetrics in the
21st Century).” The Japanese Journal of Behaviormetrics. 29 (1): 20-44.
Pathan, S., Skully, M., Wickramanayake, J. (2008) “Reforms in Thai bank governance: the
aftermath of the Asian financial crisis.” International Review of Financial Analysis, article in
Press.
Shiller, R. (2008) The Subprime solution: how today's global financial crisis happened, and
what to do about It. Princeton University Press, N.J.
Takemura, T., Ukai, Y. “A Note on Financial Behavior Modeling from a Web-based Survey"
The Proceeding of International Conference of Socionetwork Strategies and Policy Grid
Computing 2008. 163-165.
Takemura, T., Kozu, T. (2009) “Statistical analysis on an Individual's deposit-withdrawal
behavior: an empirical analysis using individual data collected through a Web-based survey.”
The proceeding of 2009 Hawaii International Conference on Social Sciences. 811-829.
Yada, K., Washio, T., Ukai, Y., Nagaoka, H. (2008) “A bank run model in financial crises.”
Proceeding of KES 2008, LNAI 5178: 703-710.
Yamagishi, T., Yamagishi, M. (1994) “Trust and commitment in the United States and Japan.’’
Motivation and Emotion, 18 (2): 129-166.

Thank you for copying data from http://www.arastirmax.com