Understanding bank runs
5:00 p.m. -- 6:30 p.m.
Lee Ying Lam Lecture Theatre (MBG07), Patrick Lee Wan Keung Academic Building, Lingnan University
On 6 December, Prof Manju Puri, J B Fuqua Professor of Finance, Fuqua School of Business, Duke University and Vincent Woo Distinguished Visiting Scholar 2013/14 of Lingnan University, was invited to give a the public lecture entitled “Understanding Bank Runs”.
The possibility of bank run is the most significant risk of a fractional reserve banking system, as it can destabilise the banking system and create downward pressure to the real economy. During the lecture, Prof Puri offered evidence and insights to understand the effectiveness of deposit insurance, role of social networks, bank-depositor relationships and bank capital structure in influencing depositor propensity to run. The underlying dynamics of bank runs were also explained.
Puri, M. (2013, December 6). Understanding bank runs [Video podcast]. Retrieved from http://commons.ln.edu.hk/videos/5