Ewijk, Saskia van; Arnold, Ivo - de Nederlandsche Bank - 2013
been a persistent decline in average bank interest margins. In the literature, these phenomena are often explained using a … dataset with bank-level data on over 16,000 FDIC-insured U.S. commercial banks for a period ranging from 1992 to 2010, this … paper qualifies this chain of causality. We find that a bank's business model, measured using a multi-dimensional proxy of …