Time series data on the size of Chonsei deposit has been estimated. At the end of 1.997, that size has been estimated as 1.12 trillion Korean Won. If the Chonsei system can be moved toward the monthly rental system, it is highly probable to achieve th...
Time series data on the size of Chonsei deposit has been estimated. At the end of 1.997, that size has been estimated as 1.12 trillion Korean Won. If the Chonsei system can be moved toward the monthly rental system, it is highly probable to achieve the Pareto imporvement whether there are uncertainties or not. The new system named as the Chonsei system without the Chonsei deposit has been suggested, which can be readily to be introduced. Under this system, the owner can sustain opportunities of using Chonsei deposit, renters can rent houses whithout the Chonsei deposit and financial intermediaries can secure safe sources of loans, which will increase BIS capital ratio of banks.