A discussion of the traditional structure-performance theory and the contestable market theory as they pertain to competition and bank profitability in the banking industry. The author uses data from a sample of Ohio and Pennsylvania banks.

A look at both the reported decline in the share of nonfinancial-sector credit intermediated by banks and the consolidation of the industry into fewer, but larger, institutions, revealing that banks today account for nearly the same share of outstanding household and nonfinancial business-sector...

A discussion of the existing and potential effects of banking deregulation laws and proposals, with emphasis on issues surrounding efforts to weaken restrictions on banks' product decisions imposed by the Glass-Steagall Act of 1933.

An analysis of the changes taking place in the banking industry, with a discussion of four options for reforming the structure of our banking system, and a recommendation for the most effective action.

A discussion of how thrift competition affects the earnings of banks, using data from a sample of 314 banks from a 14-state area.

An analysis of independent bank performance from 1979-81 in meeting the challenge posed by economic, regulatory, and technological changes in the commercial banking marketplace.