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Rising Bank Concentration
Corbae, Dean - 2020
-Neal Interstate Banking and Branching Efficiency Act of 1994 removed many of the restrictions on opening bank branches across state … lines. We interpret the Riegle-Neal act as lowering the cost of expanding a bank's funding base. In this paper, we build an …
Persistent link: https://www.econbiz.de/10012479361
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Land and Credit : A Study of the Political Economy of Banking in the United States in the Early 20th Century
Rajan, Raghuram G. - 2009
Economists have argued that a high concentration of land holdings in a country can create powerful interest groups that retard the creation of economic institutions, and thus hold back economic development. Could these arguments apply beyond underdeveloped countries with backward political...
Persistent link: https://www.econbiz.de/10012463566
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Consolidation of Banks in Japan : Causes and Consequences
Hosono, Kaoru - 2007
We investigate the motives and consequences of the consolidation of banks in Japan during the period of fiscal year 1990-2004 using a comprehensive dataset. Our analysis suggests that the government's too-big-to-fail policy played an important role in the mergers and acquisitions (M&As), though...
Persistent link: https://www.econbiz.de/10012465251
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Monopoly-Creating Bank Consolidation? The Merger of Fleet and BankBoston
Calomiris, Charles W. - 2005
one large, universal bank remained. We explore the extent to which that merger resulted in monopoly rents for the combined …
Persistent link: https://www.econbiz.de/10012467332
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Bank Concentration and Crises
Beck, Thorsten - 2003
Motivated by public policy debates about bank consolidation and conflicting theoretical predictions about the … relationship between the market structure of the banking industry and bank fragility, this paper studies the impact of bank … concentration, bank regulations, and national institutions on the likelihood of suffering a systemic banking crisis. Using data on …
Persistent link: https://www.econbiz.de/10012468775
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Voting Rights, Share Concentration, and Leverage at Nineteenth-Century US Banks
Bodenhorn, Howard - 2012
. Second, did diffuse ownership systematically alter bank risk taking? It did. Banks with less concentrated ownership followed …
Persistent link: https://www.econbiz.de/10012460850
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Concentration in Product Markets
Benkard, C. Lanier; Yurukoglu, Ali; Zhang, Anthony Lee - National Bureau of Economic Research - 2021
This paper uses new data to reexamine trends in concentration in U.S. markets from 1994 to 2019. The paper's main contribution is to construct concentration measures that reflect narrowly defined consumption-based product markets, as would be defined in an antitrust setting, while accounting for...
Persistent link: https://www.econbiz.de/10012510624
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Falling Rates and Rising Superstars
Kroen, Thomas; Liu, Ernest; Mian, Atif; Sufi, Amir - National Bureau of Economic Research - 2021
Do low interest rates contribute to the rise in market concentration? Using data on firm financials and high frequency monetary policy shocks, we find that falling interest rates disproportionately benefit industry leaders, especially when the initial interest rate is already low. Falling rates...
Persistent link: https://www.econbiz.de/10012660046
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Collusion, Mergers, and Related Antitrust Issues
Asker, John; Nocke, Volker - National Bureau of Economic Research - 2021
This survey examines recent developments in economic research relating to antitrust, paying specific attention to research in the areas of collusion and merger enforcement. Research relating to both collusion and mergers has made significant advances in the last twenty years. With respect to...
Persistent link: https://www.econbiz.de/10012616623
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The Gains and Losses From Industrial Concentration
Peltzman, Sam - 1977
In essence, this paper will try to decompose the concentration-profits relationship into separate concentration-price arid concentration-cost relationships. By doing this, I hope to shed light on some of the allocative and distributive issues that, I suspect, give the subject its intrinsic...
Persistent link: https://www.econbiz.de/10012478966