... to which the rule of law prevails (“law and order”), the quality of contract enforcement, the quality of the bureaucracy, the extent of bureaucratic delay,and, finally, the degree of corruption.17 ... errors of the deposit insurance variables and of the interaction terms, 17 The sources for these series are described in the data appendix. - 17 -as well as the number of crises, the number of ... point estimate of the coefficient of the interactionvariable is large enough that for the higher values of the institutional indexes the impact of deposit insurance on banking system fragility...