ECU Libraries Catalog
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LEADER 02944cam 22004337a 4500
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ssj0001353027
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WaSeSS
005
20240412080346.0
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m d
007
cr n
008
050520s2005 dcu sb f000 0 eng d
010
a| 2005617556
035
a| (WaSeSS)ssj0001353027
040
a| DLC
c| DLC
d| WaSeSS
049
a| EREE
a| NEHH
050
0
0
a| HG1
100
1
a| Carlson, Mark A.
q| (Mark Arnold),
d| 1950-
?| UNAUTHORIZED
245
1
0
a| Branch banking, bank competition, and financial stability
h| [electronic resource] /
c| Mark Carlson and Kris James Mitchener.
260
a| Washington, D.C. :
b| Federal Reserve Board,
490
1
a| Finance and economics discussion series ;
v| 2005-20
500
a| Title from PDF file as viewed on 5/20/2005.
504
a| Includes bibliographical references.
506
a| Available only to authorized users.
520
3
a| "It is often argued that branching stabilizes banking systems by facilitating diversification of bank portfolios; however, previous empirical research on the Great Depression offers mixed support for this view. Analyses using state-level data find that states allowing branch banking had lower failure rates, while those examining individual banks find that branch banks were more likely to fail. We argue that an alternative hypothesis can reconcile these seemingly disparate findings. Using data on national banks from the 1920s and 1930s, we show that branch banking increases competition and forces weak banks to exit the banking system. This consolidation strengthens the system as a whole without necessarily strengthening the branch banks themselves. Our empirical results suggest that the effects that branching had on competition were quantitatively more important than geographical diversification for bank stability in the 1920s and 1930s"--Federal Reserve Board web site.
530
a| Also available in print.
538
a| Mode of access: World Wide Web
653
a| Branching banking;
a| bank consolidation;
a| financial stability;
a| great depression
655
0
a| Electronic books.
=| ^A491897
700
1
a| Mitchener, Kris James.
?| UNAUTHORIZED
830
0
a| Finance and economics discussion series (Online) ;
v| 2005-20.
=| ^A1460103
856
4
0
z| Full text available from NBER Working Papers
u| https://go.openathens.net/redirector/ecu.edu?url=https%3A%2F%2Fdx.doi.org%2F10.3386%2Fw11291
949
a| CLICK ON WEB ADDRESS
w| ASIS
h| JOYNER188
949
a| CLICK ON WEB ADDRESS
w| ASIS
h| HSL77
949
a| CLICK ON WEB ADDRESS
w| ASIS
h| JMUSIC60
596
a| 1 3 4
998
a| 6165135
999
a| CLICK ON WEB ADDRESS
w| ASIS
c| 1
i| 6165135-1001
l| JNET
m| JOYNER
r| Y
s| Y
t| JNESSBK
u| 7/15/2023
x| EBOOK
z| JERESOURCE
999
a| CLICK ON WEB ADDRESS
w| ASIS
c| 1
i| 6165135-2001
l| HSLELEC
m| HSL
r| Y
s| Y
t| HEBK
u| 7/15/2023
x| EBOOK
z| HERESOURCE
999
a| CLICK ON WEB ADDRESS
w| ASIS
c| 1
i| 6165135-3001
l| MNET
m| JMUSIC
r| Y
s| Y
t| MNESSBK
u| 7/15/2023
x| EBOOK
z| JERESOURCE