Regional competition in US banking - trends and determinants / Alexander Erler/Horst Gischer/Bernhard Herz
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Discovery
889510652
URN
urn:nbn:de:gbv:3:2-73833
DOI
ISBN
ISSN
Autorin / Autor
Beiträger
Körperschaft
Erschienen
Magdeburg : Otto von Guericke University Magdeburg, Faculty of Economics and Management, [2017]
Umfang
1 Online-Ressource (27 Seiten = 1,79 MB) : Illustrationen, Diagramme
Ausgabevermerk
Sprache
eng
Anmerkungen
Inhaltliche Zusammenfassung
Competition in the US banking industry as measured by the Lerner Index has on average increased substantially during the last decade. At the same time, regional differences in competition on the state level have decreased considerably. Based on a dynamic panel framework we find that these developments are mainly driven by industry specific factors such as the costs to income ratio. The empirical evidence indicates that inefficiency and the Lerner index are significant negatively correlated. Macroeconomic conditions appear to have supported these trends in competition, however, to a somewhat lesser extent.
Schriftenreihe
Working paper series ; no. 2017, 8 ppn:58927368X