Polemis, Michael L.; Paleologos, John M. - In: Applied Economics Letters 21 (2014) 11, pp. 782-785
This article tries to cast light on the main determinants of the merger waves reported in the banking sector. For this reason, we investigate the recently developed merger wave theories by estimating an empirical model covering the US for the period 1987 to 2013. The empirical results, based on...